Kalshi, the prediction market platform regulated by the Commodity Futures Trading Commission, has for the first time publicly disclosed the results of an insider trading investigation, naming an editor for YouTube's biggest creator as the offender.
The company identified Artem Kaptur, an editor for MrBeast, who it says traded around $4,000 on markets tied to the streamer and achieved "near-perfect trading success" on low-odds bets -- a pattern investigators flagged as suspicious. Kalshi froze Kaptur's account before he could withdraw any profits, fined him $20,000, suspended him for two years, and reported the case to the CFTC.
The company identified Artem Kaptur, an editor for MrBeast, who it says traded around $4,000 on markets tied to the streamer and achieved "near-perfect trading success" on low-odds bets -- a pattern investigators flagged as suspicious. Kalshi froze Kaptur's account before he could withdraw any profits, fined him $20,000, suspended him for two years, and reported the case to the CFTC.
Read more of this story at Slashdot.
Australia advises dependants of officials in Israel and Lebanon to leave amid vast US military buildup in the region
More countries have told citizens to leave Iran and the surrounding region as airlines scale back flights amid mounting tensions between Washington and Tehran.
As a day of critical talks over Iran’s nuclear programme was set to begin, and as a vast US military buildup continued in the Middle East, the Trump administration warned of drastic consequences if Iranian negotiators failed to make significant concessions.
Continue reading...Wu-Tang members pay tribute to Grant with GZA saying ‘His passing is a profound loss’ and Method Man posting ‘I am not okay’
Oliver “Power” Grant, a close affiliate and early backer of the hip-hop collective Wu-Tang Clan who had a hand in many of the group’s albums and business ventures, has died aged 52.
The death was confirmed by Wu-Tang Clan. “Rest in power, Power,” the collective wrote on social media. A cause of death was not revealed.
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mikeleonardvisualarts posted a photo:
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Why Heated Rivalry thawed my frozen heart. "I'd been so busy feeling bored by the no-dicks-shown sex that I hadn't even clocked the slow thaw of my frozen heart."
I'm not what you might consider Infinite Jest's target demographic. Michelle Zauner, lead vocalist for Japanese Breakfast and author of Crying in H-Mart weighs in on Infinite Jest during its 30-year anniversary.
Is it ok to read Infinite Jest in public? A sleek and brilliant monster David Foster Wallace was terrible to women (via Kottke)
Is it ok to read Infinite Jest in public? A sleek and brilliant monster David Foster Wallace was terrible to women (via Kottke)
