Will Binance becomes insolvent/declares bankruptcy before Jan 31st 2023?
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resolved Feb 1
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NO

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predicted NO

I think this can resovle NO now

bought Ṁ50 of YES

Can you push a little harder on actual outcomes... is Binance incorporated somewhere it is possible to declare bankruptcy? Would they just... shut down the website and disappear?

Would "pausing withdrawals for 24 hours" be enough to trigger a YES?

@KevinBurke I think 24 hrs withdrawal pause alone probably won't suffice. I think it has to be major liquidity issue or BNB price drastically falls

predicted YES

@tofu OK - can you define those precisely? BNB price below (X unit) for 72 hours? Withdrawals paused for 7 days or more?

@KevinBurke Crypto is wild so I guess I can't be 100% certain. What I'm thinking right now is -50% price in a week, or withdrawal pause for 7 days or more. Something similar to what happened to FTT a month ago

bought Ṁ400 of NO

@tofu -50% price in a week seems pretty different from being insolvent/declaring bankruptcy