Market question: Swan Bitcoin insolvent by August 31?
Category: Crypto
Tags: Crypto, Bitcoin

This market will resolve to "Yes" if official information released by Swan Bitcoin, official representatives of Swan Bitcoin (e.g. lawyers, spokespeople, etc.), or a consensus of credible reporting announces that Swan Bitcoin is insolvent or is filing/has filed for any variety of bankruptcy by August 31, 2024, 11:59 PM ET.

This market will also resolve to "Yes" if Swan Bitcoin suspends Bitcoin withdrawals for a majority of users across its products for at least 7 consecutive days (168 hours) by August 31, 2024, 11:59 PM ET. This includes situations where a majority of users are unable to withdraw Bitcoin from Swan Bitcoin's products which are typically available for withdrawal. The primary resolution sources will be official statements from Swan Bitcoin, its representatives (e.g., lawyers, spokespeople), and a consensus of credible reporting.

If neither of the above criteria are met, this market will resolve to "No".

If Swan Bitcoin suspends withdrawals on a day in the last week of August (e.g. They halt token withdrawals on August 29, 2024, 4 PM ET), this market will not resolve until either: 1) withdrawals are reenabled before 7 full days (168 hours) pass, resulting in a "No" resolution; 2) 7 full days pass (August 29, 2024 - September 5, 2024, 4 PM ET) where withdrawals are suspended, resulting in a "Yes" resolution.

Outcome: No