White House teleprompter operator hit with $172K penalty for insider-trading Trump speech bets

1 min read
Source: NBC News
White House teleprompter operator hit with $172K penalty for insider-trading Trump speech bets
Photo: NBC News
TL;DR Summary

Gabriel Perez, a White House teleprompter operator, used nonpublic information from upcoming Trump speeches to trade on Kalshi’s prediction market, earning about $107,539 in profits; the CFTC ordered him to disgorge those profits, pay a $65,000 civil penalty, and ban him from prediction-market trading for three years, calling it insider trading with Kalshi’s assistance. Perez cooperated, had been placed on leave, and the White House did not comment.

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