THAT’S NOT FAIR - KIM KARDASHIAN SAYS PRISONERS WHO FOUGHT L.A. WILDFIRES WERE PAID 'JUST A FEW DOLLARS,' AND SHE WANTS TO CHANGE THAT. (PHOTO).

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 That’s Not Fair - Kim Kardashian Says Prisoners Who Fought L.A. Wildfires Were Paid 'Just a Few Dollars,' and She Wants to Change That A renewed push for prison labor reform is gaining attention, with Kim Kardashian stepping in to support new legislation aimed at changing how incarcerated workers are paid. The bill, reintroduced on March 19 by Cory Booker, seeks to ensure that people working while incarcerated receive at least the federal minimum wage. It also proposes limits on deductions for fees, fines, and living costs within correctional facilities, through amendments to the Fair Labor Standards Act. Kardashian, who has increasingly focused on criminal justice reform, explained that her support is rooted in what she witnessed during the Los Angeles wildfires.  “I personally watched incarcerated people who risked their lives battling the massive wildfires,” she said, pointing out that many were paid only a few dollars a day despite doing the same high-risk work as profess...
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AN EDITOR FOR YOUTUBE STAR MR BEAST HAS BEEN SUSPENDED FROM THE PREDICTION MARKET PLATFORM KALSHI AND REFERRED TO FEDERAL REGULATORS OVER INSIDER TRADING, KALSHI OFFICIALS SAID WEDNESDAY.(PHOTO).

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 Kalshi files insider trading complaint involving editor linked to MrBeast 

An editor for YouTube star MrBeast has been suspended from the prediction market platform Kalshi and referred to federal regulators over insider trading, Kalshi officials said Wednesday. This marks the first time the company has publicly disclosed the results of an internal investigation into market manipulation.

The employee, whose name was not released, reportedly traded around $4,000 on markets tied to MrBeast. Investigators flagged the activity after noticing the trader had “near-perfect success” on bets with low odds connected to the YouTuber’s videos, raising suspicions of misuse of confidential information. Kalshi said such conduct violates its rules and could break federal law.

Kalshi froze the editor’s account to prevent withdrawals, imposed a $20,000 fine, and suspended the user for two years. The case has also been reported to the Commodity Futures Trading Commission, which oversees prediction markets. Kalshi’s enforcement chief, Robert DeNault, said the trader likely had access to non-public information through their role as an editor for MrBeast’s content.

In a separate case, Kalshi also penalized former California gubernatorial candidate Kyle Langford, who posted on X in May that he bet on himself and encouraged others to do so. The platform banned Langford for five years and fined him $1,000, warning that candidates should not trade on markets involving their own races.

Prediction markets like Kalshi and Polymarket have grown rapidly in recent years, allowing users to place wagers on events ranging from election outcomes to celebrity actions. These platforms are regulated as “futures contracts” by the CFTC, rather than falling under state gambling laws, a setup that has facilitated rapid industry growth.

The rise of these markets has raised concerns about insider trading. In January, a Polymarket trader profited $400,000 by betting on the capture of Venezuelan leader Nicolás Maduro before the news was public, and Israeli authorities recently arrested people for using classified information to bet on potential military operations in Iran. Kalshi says it has opened more than 200 insider trading investigations in the past year, 12 of which are still active.

Kalshi said fines collected from these cases will go to a nonprofit focused on consumer education about derivatives markets. “No system is perfect. No financial exchange is immune from bad actors,” DeNault said. “We’re committed to deterring and finding the bad actors, manipulators, and those who willingly cheat.”


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