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White House teleprompter operator fined, forfeits winnings for betting on Trump’s words
HK🏛️ PoliticsCenter7 hr. ago

White House teleprompter operator fined, forfeits winnings for betting on Trump’s words

Gabriel Perez, a former White House teleprompter operator, has reached a settlement with the Commodity Futures Trading Commission (CFTC), requiring him to return over $100,000 in profits and pay a $65,000 fine. He is also banned from trading for three years. The CFTC alleges that Perez used his position to bet on prediction market Kalshi, where contracts paid out based on whether President Donald Trump used specific words in his speeches. Perez was placed on unpaid leave from the White House after reports surfaced about his activities. The White House confirmed in July that Perez was no longer in his role but did not specify whether he was fired or resigned.

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South China Morning Post logoSouth China Morning PostIndependentCenter7 hr. ago
White House teleprompter operator fined, forfeits winnings for betting on Trump’s words

Gabriel Perez, a former White House teleprompter operator, has reached a settlement with the Commodity Futures Trading Commission (CFTC), requiring him to return over $100,000 in profits and pay a $65,000 fine. He is also banned from trading for three years. The CFTC alleges that Perez used his position to bet on prediction market Kalshi, where contracts paid out based on whether President Donald Trump used specific words in his speeches. Perez was placed on unpaid leave from the White House after reports surfaced about his activities. The White House confirmed in July that Perez was no longer in his role but did not specify whether he was fired or resigned.

Bias read (Center): The article presents the facts of the case without overtly favoring any side. It includes details about the legal action taken by the CFTC, the financial penalties imposed, and the status of Perez's employment with the White House. There is no evident bias in the language or framing of the report.

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