Trump’s longtime teleprompter operator to pay $65,000 fine to settle insider-trading case | CNN Politics
The Trump administration settled an insider-trading case Friday against President Donald Trumpâs longtime teleprompter operator, fining him $65,000 for âunlawfulâ prediction-market trades about Trumpâs speeches. The White House aide, Gabriel Perez, will also give up $107,000 in ill-gotten profits from his trades on Kalshi, according to the Commodity Futures Trading Commission, the federal agency that regulates prediction sites. The CFTC said even though Perez âowed a duty of trust and confidentiality to the US governmentâ and âbreached these duties,â he received a âsubstantial discountâ on the fine because of his âexemplary cooperationâ with the probe. CNN reported in July that the CFTC was investigating Perez. The White House said at the time that Trump thought his actions were âfrankly a disgraceâ and that heâd be on unpaid leave during the inquiry. The White House didnât immediately respond to a request for comment Friday night. This case is the first known instance of a White House employee alleged to be involved in an insider trading scheme on prediction markets, which have exploded in popularity this year. As Trumpâs longtime teleprompter ope
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