Gabriel Perez News & Prediction Market Coverage

Track the latest Gabriel Perez news across prediction markets. Prediction News is following 4 active Gabriel Perez stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.

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Frequently Asked Questions

What did Gabriel Perez do on Kalshi?

Perez used advance knowledge of President Trump's speeches to trade event contracts on whether specific words or phrases would be used, generating $107,539.02 in profits.

How much was Gabriel Perez fined by the CFTC?

The CFTC ordered Perez to pay a total of $172,539, consisting of $107,539.02 in disgorged profits and a $65,000 civil penalty, plus a three-year trading ban.

Is Gabriel Perez banned from trading on prediction markets?

Yes, Perez agreed to a three-year ban from trading as part of the CFTC settlement.

What happened to Gabriel Perez after the Kalshi investigation?

Perez was placed on unpaid leave and is no longer employed by the federal government; he cooperated with the CFTC investigation.

Did Kalshi report Gabriel Perez to regulators?

Yes, Kalshi's surveillance team flagged the trades, froze over $90,000 in his account, and referred the matter to the CFTC.