This market will resolve to "Yes" if FTX withdrawals for USDC, BTC, ETH and/or SOL are suspended for a majority of users for at least 7 full days by Dec 31, 2022, 11:59:59 PM ET.
If a consensus of credible reporting states that FTX is insolvent by Dec 31, 2022, 11:59:59 PM ET this market will also resolve to “Yes.”
Otherwise, this market will resolve to "No".
(Real money market at: https://polymarket.com/market/will-ftx-become-insolvent-by-eoy)
FTX withdrawals being suspended for a majority of users means that a majority of users are unable to withdraw their USDC, BTC, ETH, and/or SOL from FTX.
If FTX suspends withdrawals on a day in the last week of December (e.g FTX halts token withdrawals on December 30, 2022, 4 PM ET), this market will not resolve until either: 1) withdrawals are reenabled before 7 full days pass, resulting in a "No" resolution; 2) 7 full days pass (Dec 30 - Jan 6, 2022, 4 PM ET) where withdrawals are suspended, resulting in a "Yes" resolution.
This market will resolve according to official information released by FTX, the leadership of FTX, and/or official representatives of FTX (e.g. lawyers, spokespeople, etc.), however a consensus of credible reporting may also be used.
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