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Billionaire Bucks Co-Owner Alleges $1 Billion Blackmail Plot After Affair With China-Born Entrepreneur
Billionaire Bucks Co-Owner Alleges $1 Billion Blackmail Plot After Affair With China-Born Entrepreneur
Wesley Edens, billionaire investor and co-owner of the Milwaukee Bucks, replied to a 2022 LinkedIn message from Changli Sophia Luo, a China-born founder of a small Manhattan nonprofit that produced interview videos. Their exchanges turned personal; by June 2023 they met at her apartment and had sex, according to the Wall Street Journal, citing prosectuors.
What followed, authorities say, became an extortion case. Luo was indicted for allegedly trying to extract over $1 billion by threatening to release...
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Mar 21, 2026 / Tyler Durden
The State Will Always Socialize The Cost Of War
The State Will Always Socialize The Cost Of War
Via The Libertarian Institute
War is often sold to the public as an act of national will: decisive, necessary, and under control. The bill arrives later, in a quieter form. It shows up in insurance markets, shipping rates, emergency guarantees, higher fuel prices, and sudden policy reversals designed to keep the economic damage from spreading too far or too fast. That is what is now happening with the U.S.-Israeli war on Iran. The fighting is not only destroying lives and widening instability....
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Jul 27, 2026 / Tyler Durden
Appeals Court Blocks Trump Mail-In Voting Order In 23 Democrat-Led States, Setting Up SCOTUS Fight
Appeals Court Blocks Trump Mail-In Voting Order In 23 Democrat-Led States, Setting Up SCOTUS Fight
Via American Greatness,
A federal appeals court sided with 23 Democrat-led states and blocked the Trump administration from enforcing key pieces of the president’s election integrity order, setting up a likely showdown at the Supreme Court just months before the midterms.
The 1st U.S. Circuit Court of Appeals ruled 2-1 to deny the Justice Department’s request to pause a lower court injunction while the administration’s appeal moves forward, leaving in place a ruling that stripped federal agencies of the...
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Jun 24, 2026 / Tyler Durden
CBOE Debuts Prediction Market With S&P 500 Contracts
CBOE Debuts Prediction Market With S&P 500 Contracts
Authored by Zoltan Vardai via CoinTelegraph.com,
Market operator Cboe Global Markets has entered the prediction markets business with the launch of Cboe Predicts, a platform debuting with binary contracts tied to the S&P 500.
The contracts are now available through Interactive Brokers and are expected to launch at Charles Schwab and other retail brokerage platforms in the coming months, according to a Tuesday press release.
The contracts allow traders to take "yes" or "no" positions on whether the S&P 500 will close above or below a specified...
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