Gabriel Perez is accused of using Kalshi to bet on events including Trump’s State of the Union address in February and a Medal of Honor ceremony in March

NEED TO KNOW

Longtime White House teleprompter operator Gabriel Perez was found to have used insider knowledge to make more than $107,500 by betting on the contents of President Donald Trump’s speeches

Perez has been fined by the Commodity Futures Trading Commission and banned from trading on prediction markets for three years

The White House previously placed Perez on unpaid leave, calling his actions a “disgrace” and a breach of ethics guidelines

A longtime White House teleprompter operator…

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