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| Outcome | Chance | 24h | 1 week | Bid · Ask | 24h volume | Ends |
|---|---|---|---|---|---|---|
| Yes | 0% | 0 pts | 0 pts | 0¢ · 100¢ (100¢) | $0 | ended |
| When | Trader | Outcome | Bet | Size | P&L now | Insider |
|---|---|---|---|---|---|---|
| 1088d | Binance insolvent in 2023? | BuyNo95¢ → 100¢ | $2,965 | +$156 +5.3% | 2 |
This market will resolve to "Yes" if it is announced by December 31, 2023, 11:59 PM ET that Binance.com is insolvent or is filing/has filed for any variety of bankruptcy. This market will also resolve to "Yes" if Binance.com withdrawals for BTC and/or ETH are suspended for a majority of users for at least 7 full days (168 hours) in a row by December 31, 2023, 11:59 PM ET. If neither of the above criteria are met, this market will resolve to "No". This market only concerns Binance.com. Binance.us is not considered for this market. Binance.com withdrawals being suspended for a majority of users means that a majority of users are unable to withdraw their BTC and/or ETH from Binance (E.g. If a majority of users are unable to withdraw their ETH from Binance, it will satisfy the condition.) If Binance.com suspends withdrawals on a day in the last week of December (e.g. They halt token withdrawals on December 30, 2023, 4 PM ET), this market will not resolve until either: 1) withdrawals are reenabled before 7 full days (168 hours) pass, resulting in a "No" resolution; 2) 7 full days pass (December 30, 2023 - January 6, 2024, 4 PM ET) where withdrawals are suspended, resulting in a "Yes" resolution. The primary resolution source for this settlement criterion will be official information released by Binance, official representatives of Binance (e.g. lawyers, spokespeople, etc.), and a consensus of credible reporting.
Sources: Polymarket's Gamma API, its CLOB price history and its Data API, read every two minutes. Prices are each outcome's Yes price, which is the market's probability: 0¢ for Yes means the market gives it about 0%.