Market
What actions will TikTok take in response to the Venezuelan court ruling by December 31, 2025?
2
Resolution / Starting Odds
Establish office only • 25%
Pay fine only • 25%
Both actions • 25%
No action • 25%
TikTok's official announcements or Venezuelan government reports
Story
Venezuela Fines TikTok $10 Million After Three Teens Die in Viral Challenges
Dec 30, 2024, 08:28 PM
Venezuela's Supreme Court has imposed a $10 million fine on TikTok for negligence in failing to prevent the spread of dangerous viral challenges that have resulted in the deaths of three adolescents and intoxication of hundreds in recent months. The court ordered the Chinese-owned social media platform to establish a local office in Venezuela and stated that the fine would be paid to Conatel, the National Telecommunications Commission, and used to create a fund for victims. The ruling came after challenges involving chemical inhalation and ingestion led to widespread concern. Judge Tania D'Amelio said the viral challenges caused 'social shock' and that TikTok must take responsibility for harmful content affecting minors.
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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%
Case unresolved • 25%
Fine upheld • 25%
Fine overturned • 25%
Fine reduced • 25%
Seek Supreme Court intervention • 25%
Negotiate with U.S. government • 25%
Comply with the ban • 25%
Other actions • 25%
Positive opinion on compliance • 25%
Indifferent or unaware • 25%
Negative opinion on non-compliance • 25%
Neutral opinion • 25%
Divest ownership • 25%
No action taken • 25%
Seek further legal action • 25%
Comply without divestiture • 25%
Other measures • 25%
Divestment from ByteDance • 25%
No significant action • 25%
Legal challenge • 25%
Comply with divestment • 25%
No major action • 25%
Negotiate settlement • 25%
File new lawsuit • 25%
Legal challenge • 25%
No action taken • 25%
Partnership with US company • 25%
Divestment of TikTok • 25%
Sells TikTok to a non-China-based company • 25%
Permanently shuts down TikTok in the U.S. • 25%
Negotiates a delay or solution with U.S. government • 25%
Continues operations without compliance • 25%