Not Dumb

[Karan @ksenguptaa]

Minnesota fans gassed up Naz Reid enough to trade him for a 25 year old star. That’s special propaganda, dude is horrible

[Whisper @Wispynu_]

I cracked a joke with my therapist and she sighed then started writing in her notebook

The bich trynna steal my joke

[Pops @PastyPops]

Aye mf THIS IS A NUDE steakhouse! I’m here with my mother and father.

[Pat @Patpoose4real]

@PastyPops Top notch steakhouse with elite scenery

[Victor Baez | Club Ambition @itsavibe]

Druski does a Dominican man working at T Mobile skit on SNL tonight📍

[Big Stretch @Bigstretchburna]

Just used https://t.co/zEknYsnghA to claim over $220 in unclaimed money lol (this aint promo im deadass)

[BRS @Bryce_Estelle]

But some of us would never shut up

[Aakash Gupta @aakashgupta]

Utah sent an undercover agent to place about $115 in sports bets on Kalshi. Now the two people who started Kalshi are charged with 13 felonies, and the top charge alone carries up to 15 years in prison.

The day after the charges came down, investors gave Kalshi $1 billion.

Here's how the sting worked. In September, a special agent with the Utah attorney general's office opened a Kalshi account with a Utah address, a Utah phone number and a Utah debit card. Before his first bet, $10 on the Cowboys against the Giants, the app asked him to confirm his location. He told it he was in Utah, and it took his money. He did that 12 times over 11 days, on games like Utah vs. Utah State and a Real Salt Lake match.

Kalshi's cut on each bet was somewhere between 3 and 78 cents. So the company made less than $10 off the bets Utah is now using to go after its CEO and COO personally. And that top charge comes from Utah's racketeering law, the same kind of statute prosecutors use on organized crime.

The obvious question is why Kalshi didn't just shut off Utah. It clearly knows how. It already blocks Nevada and Washington because a settlement and a court order made it. DraftKings pulled its sports and politics markets out of Utah the same night the charges were filed, FanDuel did it the next day, and Fanatics shut down everything there on November 4.

Kalshi stayed because of how the company is built. DraftKings runs on licenses from gambling regulators in more than 20 states, so when one state comes after you with criminal charges, you get out fast and protect the rest. Kalshi has exactly one license, from a federal agency called the CFTC. Its whole $40 billion valuation depends on the idea that this one federal license overrides state gambling laws, and quietly walking away from Utah would cut against that argument everywhere else.

The federal government is backing Kalshi on this, and pretty aggressively. The CFTC and the Justice Department sued Utah two days before the charges. Their complaint says that if Kalshi turned away Utah residents, it would be breaking a federal "impartial access" rule that requires exchanges to serve everyone.

So the founders are stuck. Utah wants them to stop taking bets from Utahns or face prison, and the federal government is in court saying they aren't allowed to stop.

This goes way past Utah, too. The CFTC has sued 10 states since April. On the other side, 37 states signed a brief backing Utah in its appeal.

Sequoia and Wellington, who co-led the $1 billion round, are betting on one legal question, whether federal commodities law beats state gambling law. If the courts say yes, Utah's criminal case could fall apart along with every state lawsuit against Kalshi. A federal judge in Utah already said no back in August. The 10th Circuit is up next, and this looks like it's headed to the Supreme Court.

Kind of fitting for a company that lets you bet on almost anything that its biggest investors now have $1 billion riding on how a court case turns out.

[Slim @Humble_Slim]

For the freeski?!

[b @BrandenCarter4]

If we not careful Robert Pattinson going to play Nipsey Hussle in a bio pic

[🤍. @TinaPricey]

That’s why yall gotta stop being mad at athletes for dating white women.. mind your business

[Mir @sbxloch]

If newton saw the way I be moving these days he'd add a fourth law of motion

[Not Dumb @BroPleaseThink]

@Champ_Lion 😂😂😂

[Lion (Flip you like…) @Champ_Lion]

The trade will always be stupid by the mavericks but left picture shows why people in the organization were crazy frustrated lmfao

[azmir @azmir_hndrxx]

why every shorty feel like they deserve a rich nigga? ion feel like i deserve beyonce where’s the disconnect? 😭

[David · Year Unplugged @davidd_org]

It feels like removing a dagger from my leg.

Headache. Dysphoria. Flatness. Hearing phantom iPhone dings in my sleep.

Days 1-3 were more of a rush. I felt light and free.

On day 4, the withdrawals began. I've never had to kick something like this before.

Screens are a legit addiction.

I'm curious to see if the month 6 PET scan shows enhanced metabolism in regions that improve in drug addicts who quit like the thalamus, frontal cortex, and striatum (reward circuit).

There are no PET studies of people quitting screens, so Dr. Eber and I are breaking new ground.

Image attached is baseline PET (F18 tracer). That's one of a few scans I'm tracking.

Day 6/365

Sent from my screenless phone

[AceVane @AcEvAne]

😂😂 this nigga Pac said fuck these hoes i got some bars i need to get off 💀

[Not Dumb @BroPleaseThink]

@sonofmethusael Women do this as well lmao

[Not Dumb @BroPleaseThink]

@sonofmethusael 😂😂😂