Good morning, and happy Tuesday! Did you know that popcorn was invented by the Aztecs thousands of years ago? Apparently, corn kernels helped lay the foundations for the Aztec Empire, and their language even has a word for the sound of many kernels popping at once–totopoca. Just a little something that may pop (get it?) into your head the next time you visit a movie theater! Anyway, here’s what we have for you: In Today’s Brief
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The SEC fines Kim Kardashian over her role in promoting a cryptocurrencyKim Kardashian will pay $1.26M to settle allegations from the SEC that she failed to disclose money she was paid for promoting a cryptocurrency on her Instagram feed. According to a press release from the Securities and Exchange Commission, Kardashian–who is reportedly worth $1.8B–was paid $250,000 to promote EMAX tokens from the online company EthereumMax on her Instagram. Per the SEC, Kardashian’s post contained a link to the EthereumMax website, which provided instructions on how to invest in the tokens. The Commission also said that Kardashian, without admitting to or denying the agency’s findings, agreed to give back the $250,000 she received and pay a $1M penalty on top of it. SEC Chairman Gary Gensler said that Kardashian’s “case serves as a reminder to celebrities and others that the law requires them to disclose to the public when and how much they are paid to promote investing in securities.” |
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U.S. Soccer report shows systemic abuse in women’s leagueSexual misconduct and verbal and emotional abuse had “become systemic” in the National Women’s Soccer League, according to a report released yesterday. Per the report of the investigation conducted by former U.S. Deputy Attorney General Sally Q. Yates, the National Women’s Soccer League (NWSL) is “a league in which abuse was systematic. Verbal and emotional abuse and sexual misconduct occurred at multiple teams, was perpetrated by several coaches and affected many players.” On top of detailing and providing examples of the abuse, the report also said that the NWSL, its teams, and U.S. Soccer failed to implement measures for player safety or “respond appropriately” when players came forward and provided evidence of abuse. U.S. Soccer President Cindy Parlow Cone called the investigation’s findings “heartbreaking and deeply troubling” in a statement following the report’s publication, adding that the organization is taking “immediate action” to “create meaningful, long-lasting change throughout the soccer ecosystem.” |
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North Korea fires a test missile over Japan for the first time in five yearsThe Japanese government suspended trains and told citizens to take cover after North Korea fired a ballistic missile over Japan this morning. In the first “J-alert” since 2017 when North Korea fired missiles twice over the country in a span of weeks, Japanese authorities alerted residents in northeastern regions to evacuate to shelters. The Japanese government also suspended trains in the Hokkaido and Aomori regions until it issued a subsequent notice that the missile appeared to have landed in the Pacific. Defense Minister Yasukazu Hamada said the missile’s range of 2,800 miles (estimated) is believed to be the longest distance traveled for a North Korean test flight. In a statement following the launch, National Security Council spokesperson Adrienne Watson said, “The United States will continue its efforts to limit [North Korea’s] ability to advance its prohibited ballistic missile and weapons of mass destruction programs, including with allies and U.N. partners.” |
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Looking Back…On October 4th: The Soviet Union launches Sputnik 1, the first artificial satellite which orbited Earth until 1958 and ushered in the space age (1957); the Gregorian calendar is introduced (1582); American singer Janis Joplin dies of an accidental heroin overdose (1970); Austrian actor Christoph Waltz is born (1956). |
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