Market
What will be the outcome of TikTok's appeal against the $10 million fine by December 31, 2025?
3
Resolution / Starting Odds
Fine upheld • 25%
Fine reduced • 25%
Fine overturned • 25%
Other outcome • 25%
Venezuelan Supreme Court or official legal documents
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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Fine overturned • 25%
Fine reduced • 25%
Case unresolved • 25%
Fine upheld • 25%
Case unresolved • 25%
Settlement reached • 25%
US government wins • 25%
TikTok wins • 25%
Ban blocked • 25%
Ban upheld • 25%
Other outcome • 25%
Settlement reached • 25%
Other legal outcome • 25%
Appeal granted, no ban • 25%
Appeal denied, ban enforced • 25%
Settlement reached, operations continue • 25%
No Decision by Deadline • 25%
Appeal Accepted • 25%
Appeal Rejected • 25%
Case Dismissed • 25%
Divestment postponed • 25%
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Divestment proceeds • 25%
Divestment blocked • 25%
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Ban remains in place • 25%
Ban partially lifted with restrictions • 25%
Ban lifted completely • 25%
Supreme Court blocks ban • 25%
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Ban upheld, TikTok banned • 25%
Ban upheld, ByteDance divests • 25%
Case Dismissed • 25%
Ban upheld • 25%
Ban overturned • 25%
Compromise reached • 25%
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Appeal Denied • 25%
Appeal Granted • 25%
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Appeal upheld • 25%
Appeal denied • 25%
Case dismissed • 25%
No decision by deadline • 25%
Other Outcome • 25%
Appeal Granted • 33%
No Ruling by Deadline • 34%
Ban Upheld • 25%
Appeal Denied • 33%
Ban Overturned • 25%
Case Dismissed • 25%
Ban blocked • 25%
Ban upheld • 25%
Other outcome • 25%
Partial relief granted • 25%