Trump speech bets land ex-White House teleprompter operator in trouble, fined ₹1.65 crore: What CFTC found
A White House teleprompter operator, Gabriel Perez, will pay over $172,000 or nearly ₹1.65 crore to settle a federal investigation into prediction-market bets linked to Trump’s speeches. He faces a $65,000 penalty and forfeit of $107,000 in profits.
Former White House teleprompter operator Gabriel Perez has been fined ₹1.65 crore ($172,539) for allegedly making profit-making trades on a prediction-market platform using insider information from Trump's speeches, according to Bloomberg. The Commodity Futures Trading Commission (CFTC) imposed a $65,000 penalty and the forfeiture of over $107,000 in profits.
Perez did not admit to the allegations but agreed to a three-year trading ban. The regulator stated that Perez understood the information he learned during his work at the White House was confidential and not to be shared. Kalshi detected Perez's suspicious trading activity in March 2026, which included bets on Trump's remarks at various events.
The CFTC considers prediction-market platforms to be derivatives exchanges falling under its regulatory authority.
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