The former White House teleprompter staffer who was charged with using privileged information to make bets on prediction markets will pay a $172,539.02 fine for his actions.
The Commodity Futures Trading Commission announced on Friday that the former Trump administration staffer settled with the agency on paying back the $107,539.02 he made through his unethical prediction market bets plus an additional $65,000 civil penalty fine. The CFTC called the fine a “substantial discount” due to the staffer’s “exemplary cooperation” with the agency.
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