Loading...
Market
Primary focus of the fund from TikTok's fine in Venezuela by December 31, 2025
2
Resolution / Starting Odds
Psychological support • 25%
Medical treatment • 25%
Educational programs • 25%
Public awareness campaigns • 25%
Official announcements from the Venezuelan government or related agencies
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
Fund partially established • 25%
Funds diverted for other uses • 25%
No fund established • 25%
Fund fully established and operational • 25%
Pay fine only • 25%
Both actions • 25%
No action • 25%
Establish office only • 25%
Pays fine and sets up office • 25%
Neither pays fine nor sets up office • 25%
Does not pay fine but sets up office • 25%
Pays fine but no office setup • 25%
Positive opinion on compliance • 25%
Indifferent or unaware • 25%
Neutral opinion • 25%
Negative opinion on non-compliance • 25%
Other resolution • 25%
Sold to non-Chinese company • 25%
Operates under U.S. subsidiary • 25%
Banned in the U.S. • 25%
Other outcome • 25%
Fine upheld • 25%
Fine reduced • 25%
Fine overturned • 25%
Cease U.S. Operations • 25%
Other Action • 25%
Win Legal Battle • 25%
Sell U.S. Operations • 25%