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CFTC Slaps Former White House Staffer with $172K Fine Over Event Contract Insider Trading

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The Commodity Futures Trading Commission (CFTC) has fined Gabriel Perez $172,000 for alleged insider trading in event contracts.

The case involved trading connected to non-public information around event market outcomes, highlighting the regulator's increasing scrutiny of prediction markets and event contracts.

The CFTC's action signals a closer look at these markets, which have become increasingly popular among blockchain-adjacent traders.

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