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Will Genesis announce it is filing for bankruptcy by January 31, 2023?

Market icon

Will Genesis announce it is filing for bankruptcy by January 31, 2023?

0% chance
Polymarket

$2,350 Vol.

0% chance
Polymarket

$2,350 Vol.

This market will resolve to "Yes" if Genesis (https://genesistrading.com/) announces that it will file for bankruptcy, is filing for bankruptcy, or has filed for bankruptcy of any variety by January 31, 2023, 11:59:59 PM ET. Otherwise, this market will resolve to "No". This market will resolve to "Yes" if any subsidiary of Genesis announces that it will file for bankruptcy, is filing for bankruptcy, or has filed for bankruptcy of any variety by the resolution date. For a positive resolution to this market to occur, Genesis need only announce that it will file for bankruptcy, is filing for bankruptcy, or has filed for bankruptcy by the resolution date, regardless of if or when the actual filing occurs. An "announcement by Genesis" must be made through any of their official or verified channels (e.g. https://genesistrading.com/, https://twitter.com/genesistrading, etc.), as a recorded or written statement by their CEO, legal representation, or other individual or team which officially represents Genesis. A consensus of credible reporting may also be used to determine whether Genesis has issued such an announcement.

This market will resolve to "Yes" if Genesis (https://genesistrading.com/) announces that it will file for bankruptcy, is filing for bankruptcy, or has filed for bankruptcy of any variety by January 31, 2023, 11:59:59 PM ET. Otherwise, this market will resolve to "No". This market will resolve to "Yes" if any subsidiary of Genesis announces that it will file for bankruptcy, is filing for bankruptcy, or has filed for bankruptcy of any variety by the resolution date. For a positive resolution to this market to occur, Genesis need only announce that it will file for bankruptcy, is filing for bankruptcy, or has filed for bankruptcy by the resolution date, regardless of if or when the actual filing occurs. An "announcement by Genesis" must be made through any of their official or verified channels (e.g. https://genesistrading.com/, https://twitter.com/genesistrading, etc.), as a recorded or written statement by their CEO, legal representation, or other individual or team which officially represents Genesis. A consensus of credible reporting may also be used to determine whether Genesis has issued such an announcement.

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Frequently Asked Questions

"Will Genesis announce it is filing for bankruptcy by January 31, 2023?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 100% for "Yes." For example, if "Yes" is priced at 100¢, the market collectively assigns a 100% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"Will Genesis announce it is filing for bankruptcy by January 31, 2023?" is a newly created market on Polymarket, launched on Jan 3, 2023. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "Will Genesis announce it is filing for bankruptcy by January 31, 2023?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Will Genesis announce it is filing for bankruptcy by January 31, 2023?" is 100% for "Yes." This means the Polymarket crowd currently believes there is a 100% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Will Genesis announce it is filing for bankruptcy by January 31, 2023?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.