"Bankruptcy and Controversy: Unveiling the Miss Universe Pageant's Turbulent History"

The organizer of the Miss Universe pageant has filed for bankruptcy just days before the event, and a judge reveals that the controversy surrounding the transgender owner may have contributed to the financial issues. The judge argues that allowing transgender women to compete in beauty pageants is demeaning to biological women and goes against women's empowerment. The judge believes that transgender women do not have the same life experiences as biological women and should not be allowed to dominate women's industries. The pageant is set to feature at least two transgender contestants this year.