A U.S. regulator is ordering a former federal employee to pay $172,000 after misappropriating confidential access to presidential speeches to profit from bets on prediction market event contracts.
The Commodity Futures Trading Commission says the individual breached his duties of trust and confidence while working as a White House teleprompter operator.
He traded presidential mention market contracts reflecting words or phrases the president might use during speeches.
The CFTC details the misconduct in its enforcement order.
“The Commodity Futures Trading Commission today announced an order filing and settling charges against Gabriel Perez for misappropriating material, nonpublic information obtained through his federal government employment in order to trade event contracts (i.e., swaps) on a prediction market platform for his personal benefit.”
The order finds that between December 2025 and February 2026 Perez had access to presidential speeches prior to delivery and used that information to generate over $107,500 in unlawful profits.
“while working as a teleprompter operator for the White House, Perez traded presidential mention market contracts, which are event contracts reflecting words or phrases the President may use during his speeches. In his position, Perez had access to presidential speeches prior to those speeches being delivered and Perez misappropriated that information—in breach of his duty of trust and confidence—to trade presidential mention market contracts, generating over $107,500 in profits.”
The settlement requires disgorgement of $107,539.02 plus a $65,000 civil monetary penalty discounted for cooperation.
Perez must also cease and desist from further violations and faces a three-year trading ban.
The CFTC acknowledged assistance from KalshiEX in the matter.
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A former federal employee is settling CFTC charges after misappropriating advance knowledge of presidential speeches to trade event contracts on a prediction market platform and generate over $107,500 in profits.
The post CFTC Orders Former White House Employee to Pay $172,000 for Prediction Market Insider Trading appeared first on The Daily Hodl. Scams, Hacks & Breaches, Crypto, News, scam
This articles is written by : Nermeen Nabil Khear Abdelmalak
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