Market
Outcome of TikTok's appeal against Venezuela's fine by December 31, 2025
2
Resolution / Starting Odds
Fine upheld • 25%
Fine reduced • 25%
Fine overturned • 25%
Case unresolved • 25%
Venezuelan Supreme Court or relevant judicial body
Story
Venezuela Fines TikTok $10 Million for Viral Challenges Linked to Three Children's Deaths and 200 Intoxications
Dec 31, 2024, 12:41 AM
Venezuela's Supreme Court has imposed a $10 million fine on TikTok, owned by ByteDance, for failing to implement measures to prevent viral video challenges that allegedly led to the deaths of three children and the intoxication of 200 more. The court's decision, announced by Judge Tania D’Amelio, mandates TikTok to pay the fine within eight days and to establish an office in Venezuela to ensure compliance with local laws. The fine will be used to create a fund for victims of TikTok, aimed at compensating for psychological, emotional, and physical harm, particularly to children and adolescents. The challenges in question involved the ingestion or inhalation of chemical substances, which authorities claim were promoted through viral challenges on the platform.
View original story
Similar markets
Establish office only • 25%
Pay fine only • 25%
Both actions • 25%
No action • 25%
Fine reduced • 25%
Fine overturned • 25%
Fine upheld • 25%
Other outcome • 25%
Neither pays fine nor sets up office • 25%
Pays fine and sets up office • 25%
Pays fine but no office setup • 25%
Does not pay fine but sets up office • 25%
Appeal Denied • 33%
No Decision by Deadline • 34%
Appeal Granted • 33%
TikTok wins appeal • 33%
Case deferred • 34%
TikTok loses appeal • 33%
Other outcome • 25%
Ban upheld • 25%
Settlement reached • 25%
Ban blocked • 25%
No ruling by deadline • 25%
Ban upheld • 25%
Appeal dismissed • 25%
Ban blocked • 25%
Appeal granted, no ban • 25%
Other legal outcome • 25%
Settlement reached, operations continue • 25%
Appeal denied, ban enforced • 25%
Case unresolved • 25%
Settlement reached • 25%
TikTok wins • 25%
US government wins • 25%
Positive opinion on compliance • 25%
Neutral opinion • 25%
Indifferent or unaware • 25%
Negative opinion on non-compliance • 25%