Former White House teleprompter operator must turn over more than $100,000 in profits and pay a $65,000 fine in insider trading settlement | Fortune
Summary
Gabriel Perez, a former White House teleprompter operator, has settled charges with the Commodity Futures Trading Commission for misusing inside information to profit from prediction markets. He made $107,500 by betting on words and phrases in President Trump's speeches between December 2025 and February 2026. As part of the settlement, Perez must repay his profits in full, pay a $65,000 civil penalty, and faces a three-year trading ban. Perez was placed on unpaid leave from his White House job, and it remains unclear if he was fired or resigned. White House press secretary Karoline Leavitt called the situation 'unfortunate' and 'a disgrace.'
(Source:Fortune)