Gabriel Perez, a former White House teleprompter operator, has been ordered to pay over $172,000 after using confidential information about President Donald Trump's speeches to place bets on a prediction market. Perez made trades on Kalshi, a platform that allows users to bet on real-world events, based on what Trump was expected to say. The case highlights legal issues surrounding insider trading in prediction markets.
Don't miss out on breaking stories and in-depth articles.