US CFTC fines and forfeits $172,000 from former White House teleprompter operator for illegal trading using Trump’s speech information.
2026.08.29 09:55:16
The U.S. Commodity Futures Trading Commission (CFTC) ordered former White House teleprompter operator Gabriel Perez on Friday to pay a $172,539 fine for illegal trading on a prediction market platform, leveraging advance access to Donald Trump’s speech content. Per the settlement reached with the CFTC, Perez is required to disgorge $107,539.02 in illegal profits and pay a $65,000 civil penalty. He also agreed to a three-year trading ban, and has promised to cease and desist from violating the Commodity Exchange Act and CFTC regulations. The CFTC stated that between December 2025 and February 2026, while employed at the White House, Perez traded Trump "mention market" contracts on the Kalshi platform. These are event-based contracts, with payouts determined by whether the president uses specific words or phrases in his speeches.
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