Gabriel Perez, a White House teleprompter operator, reached a settlement with the Commodity Futures Trading Commission after being investigated for insider trading. Perez agreed to pay a $65,000 civil monetary penalty and forfeit over $107,000 in winnings. He is also suspended from trading for three years.

The CFTC alleged Perez misappropriated proprietary information by placing bets on the Kalshi prediction market based on early access to President Trump's speeches. Kalshi flagged Perez's activity and froze his account, retaining more than $90,000 in profits. Federal regulators found Perez made at least a dozen trades related to Trump's addresses, including the State of the Union.

The White House previously warned staff against using their roles for prediction market betting. Then-press secretary Karoline Leavitt stated the White House was unaware of Perez's actions, noting the president was furious over the idea of administration officials trading on inside information. Perez was placed on unpaid administrative leave.

Federal authorities continue a crackdown on prediction market trading conduct, including separate cases involving a U.S. servicemember and a KPMG employee.