This market will resolve to "Yes" if Gemini withdrawals for USDC, BTC and/or ETH are suspended for a majority of users for at least 7 full days by Dec 31, 2024, 11:59:59 PM ET. If a consensus of credible reporting states that Gemini is insolvent by Dec 31, 2024, 11:59:59 PM ET this market will also resolve to “Yes.”
Otherwise, this market will resolve to "No".
Coinbase withdrawals being suspended for a majority of users means that a majority users are unable to withdraw their USDC, BTC and/or ETH, from Gemini.
If Gemini suspends withdrawals on a day in the last week of December (e.gGemini halts token withdrawals on December 30, 2024, 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, 2025, 4 PM ET) where withdrawals are suspended, resulting in a "Yes" resolution.
This market will resolve according to official information released by Gemini, the leadership of Gemini, and/or official representatives of Gemini (e.g. lawyers, spokespeople, etc.), however a consensus of credible reporting may also be used.
Here are other insolvency markets: