If PredictIt has to shut down, will they let traders get their money out?
15
78
320
2025
95%
chance

On the latest Star Spangled Gamblers podcast "CFTC Makes Its Case Against PredictIt," Pratik says that if PredictIt loses its court case, "it wouldn't be a total shocker" if the PredictIt website were to just go down and traders lose their money.

Will PredictIt provide at least 7 days of warning to allow traders to withdraw their funds? And either auto liquidate everyone's shares, or provide 7 days warning to sell shares.

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Pratik said at Manifest that this market seemed a bit low at 91%

bought Ṁ100 YES from 91% to 93%

@ahalekelly How is this resolved if PredictIt doesn't have to shut down by Dec 31?

@MickBransfield Thanks, I didn’t anticipate the court case dragging out this long. If PredictIt gains regulatory approval then this market resolves N/A, I will extend the close date until that happens or they shut down US trading.