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Ex-White House teleprompter operator faces Kalshi settlement by CFTC
The CFTC said the operator traded presidential “mention market” contracts on Kalshi between December 2025 and February 2026 while working at the White House.
A former White House teleprompter operator, Gabriel Perez, has agreed to a settlement with US federal regulators over trading on Kalshi’s prediction markets, according to the settlement announced by the Commodity Futures Trading Commission.
The CFTC ordered Perez to turn over more than US$100,000 in profits, pay a US$65,000 fine, and accept a three-year trading ban. The commission alleged he used inside knowledge to place bets on presidential “mention market” contracts that pay out based on whether a president uses specific words or phrases in speeches.
The commission said Perez traded those contracts between December 2025 and February 2026 while he worked at the White House. The White House did not immediately comment on the settlement, and a White House official said in July that Perez was no longer in his position but did not specify whether he was fired or resigned.