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      Former White House teleprompter operator fined $172,000 for illegal trading on Kalshi using Trump speech information

      PANews reported on August 29, according to Jinshi, that the U.S. Commodity Futures Trading Commission (CFTC) this Friday ordered former White House teleprompter operator Gabriel Perez to pay $172,539 for illegal trading on a prediction market platform using advance access to the content of Trump's speeches. Under the settlement agreement reached with the CFTC, Perez must disgorge $107,539.02 in illegal profits and pay a $65,000 civil monetary penalty. He also agreed to accept a three-year trading ban and committed to ceasing and not violating the Commodity Exchange Act and relevant CFTC regulations again.

      The CFTC noted that from December 2025 to February 2026, while employed at the White House, Perez traded Trump "mention market" contracts on the Kalshi platform. These contracts are event contracts whose payouts are determined by whether the president used specific words or phrases in speeches.


      Source: PANews
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