WASHINGTON — Tens of millions of taxpayers who were penalized by the IRS during the coronavirus pandemic for failing to pay their taxes or filing late may qualify for a refund or termination of the penalties they incurred during that period. However, the relief is not automatic or guaranteed, and most taxpayers need to file … Read more
Prediction market Kalshi said Wednesday that it had fined and suspended three political candidates for trading on their own races during primary campaigns. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “Just like in traditional financial markets, bad actors will try to cheat,” Kalshi said in a statement. … Read more
SAN FRANCISCO — A judge has fined San Francisco’s public defender $26,000 for ignoring a January order to stop rejecting cases — a pattern that critics say is straining the city’s justice system. Public Defender Mano Raju began declining to represent some defendants in new felony and misdemeanor cases last May, citing a crushing workload … Read more
Kalshi on Wednesday said it fined and suspended an employee of the popular YouTuber MrBeast for insider trading, marking one of the first disciplinary actions within the fast-growing prediction market industry. The case involved bets on certain events occurring in MrBeast’s videos, which were flagged by Kalshi’s surveillance team for their “near-perfect trading success on … Read more