Hard Pass

California governor Gavin Newsom is looking to thwart Donald Trump’s $1.776bn “anti-weaponization fund” by imposing a 100% tax on any payout received by state residents.

When Rory McIlroy won the Masters for the second year in a row, Kalshi shared a photo of him on Instagram with the words, “Wait he’s goated.” When a video of NBA player Damian Lillard recovering from an injury circulated online, Kalshi’s main competitor Polymarket posted, “The league is cooked.”

If you don’t know what either of those phrases mean, it’s because you may not be the target audience.

The posts and hundreds of others like it are exposing younger people to prediction market platforms, where users can put money on the line for the outcomes of real-world events — or absurd ones like when the U.S. will confirm that aliens exist or whether Jesus Christ will return before 2027.

It's almost like this guy wants his ties to Epstein kept in the news cycle - pressuring the media hard while simultaneously triggering the Streisand effect.

One is left to wonder: is this intentional, or is he really incapable of learning?

In seeking identities of those behind anonymous social media posts, the Trump administration is intensifying its pursuit using grand jury subpoenas.

Stephen