The Commodity Futures Trading Commission announced the penalties for Gabriel Perez, who made the bets through Kalshi.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
The staffer was found to have used his prior knowledge of the president's speeches to place lucrative bets.
Commodity Futures Trading Commission said Gabriel Perez wagered on Kalshi about words president used in speechesA White House teleprompter operator who left his post amid accusations that he used inside knowledge to make bets on Donald Trump’s speeches on an online prediction market has been fined $172,000, according to federal regulators.Gabriel Perez…
The former White House teleprompter staffer who was charged with using privileged information to make bets on prediction markets will pay a $172,539.02 fine for his actions. The Commodity Futures Trading Commission announced on Friday that the former Trump administration staffer settled with the agency on paying back the $107,539.02 he made through his…
Gabriel Perez had access to the president’s speeches before they were delivered and was accused of placing unlawful wagers on words that would be spoken.
