Posts

Showing posts with the label settle

Polymarket bet settled as Biden becomes second world leader to lose to a lettuce

The leader of the free world Joe Biden or a head of lettuce, which will last longer? Place your bets. A bet worth over $100,000 on crypto prediction market Polymarket was settled yesterday as Joe Biden announced his decision not to seek re-election in the coming presidential race. Never bet against lettuce. pic.twitter.com/zKOmAXbgOh — Polymarket (@Polymarket) July 21, 2024 Read more: Donald Trump wants close to 1 bitcoin a photo at Bitcoin 2024 Biden joins former UK prime minister Liz Truss in being outlasted by a lettuce. Lasting a mere 45 days, Truss announced her resignation on October 20, 2022. Rather than opting to livestream the progressive wilting, as UK newspaper The Daily Star did, Polymarket went for a more strictly defined timeframe. Using an assumed 10-day shelf life, the bet’s expiry was set for July 28, 2024, 11:59 PM ET. Biden ’s sudden announcement via a post on X (formerly Twitter) came less than 24 hours after posting “ It’s the most important elec...

Cristiano Ronaldo may have to settle for $750K to avoid trial in Binance case

Football superstar Cristiano Ronaldo has found himself in a tight spot and might need to settle in court for a massive amount over promoting Binance, which has earlier agreed to pay a massive $4.3 billion fine and to let go of its CEO Changpeng Zhao as part of a settlement with the United States regulators. As it happens, Ronaldo might have to settle the case for $750,000 in order to avoid a public trial in the US connected to a multi-year partnership with the cryptocurrency exchange that launched his line of non-fungible tokens (NFTs), cryptocurrency lawyer Jemma Fleetwood said on November 30. According to Fleetwood, the football field veteran “will likely be discussing with his legal advisers whether the claim has legal merit, what his defense will be, and whether he should make an offer to settle the case,” which might be difficult at an early stage due to the amount, so a public trial is possible, she said. Considering settlement At the same time, the lawyer mentioned simil...