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.


























