Trump’s teleprompter operator fined $172,000 for betting on speeches.
In July, Gabriel Perez was accused of insider trading on Kalshi and became the target of a federal investigation for placing bets on what words would be mentioned in the president’s speeches. Now the invesitgation has come to a close. The CFTC issued a release on Friday saying: > Perez must disgorge the profits he made from his unlawful trading totaling $107,539.02 and pay a civil monetary penalty of $65,000 … Under the order, a three-year trading ban is imposed on Perez. [Link: CFTC Orders Gabriel Perez to Pay $172,000 for Insider Trading | https://www.cftc.gov/PressRoom/PressReleases/9289-26 | CFTC]
In July, Gabriel Perez was accused of insider trading on Kalshi and became the target of a federal investigation for placing bets on what words would be mentioned in the president’s speeches. Now the invesitgation has come to a close. The CFTC issued a release on Friday saying: > Perez must disgorge the profits he made from his unlawful trading totaling $107,539.02 and pay a civil monetary penalty of $65,000 … Under the order, a three-year trading ban is imposed on Perez. [Link: CFTC Orders Gabriel Perez to Pay $172,000 for Insider Trading | | CFTC]
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