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International Business Times

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White House Teleprompter Bet On What President Would Say In Speeches. Now He Faces The Consequences.

Gabriel Perez White House Kalshi Donald Trump CFTC

Gabriel Perez has been ordered to pay back the $107,539 he made on the prediction market Kalshi. (Credit: Getty Images)

White House teleprompter operator Gabriel Perez made $100,000 using his knowledge of President Trump's speeches to make bets on prediction markets. Now he's been ordered to pay it back.

Concretely, Perez will have to pay back the $107,539 he made on the prediction market Kalshi. He was also issued a civil penalty of $65,000 by the Commodity Futures Trading Commission. Perez will not face any criminal charges.

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