
SEC wins its case against Binance
SEC wins its case against Binance
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SEC has charged Binance with 13 different offenses, including operating an unlicensed securities exchange. https://www.reuters.com/markets/us/highlights-sec-complaint-against-crypto-exchange-binance-2023-06-05/
Resolves YES if the SEC wins any of the 13 charges it filed against Binance, or if Binance settles with terms that indicate a substantial concession, for example, a payout greater than $10 million and an agreement to not sell to US consumers, or something.
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The SEC dropped the case.
Note that the CZ settlement was with the DOJ, not the SEC, who didn’t participate if I am reading right.
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What is this?
What is Manifold?
Manifold is the world's largest social prediction market.
Get accurate real-time odds on politics, tech, sports, and more.
Or create your own play-money betting market on any question you care about.
Are our predictions accurate?
Yes! Manifold is very well calibrated, with forecasts on average within 4 percentage points of the true probability. Our probabilities are created by users buying and selling shares of a market.
In the 2022 US midterm elections, we outperformed all other prediction market platforms and were in line with FiveThirtyEight’s performance. Many people who don't like betting still use Manifold to get reliable news.
Why use play money?
Mana (Ṁ) is the play-money currency used to bet on Manifold. It cannot be converted to cash. All users start with Ṁ1,000 for free.
Play money means it's much easier for anyone anywhere in the world to get started and try out forecasting without any risk. It also means there's more freedom to create and bet on any type of question.