India ED probes $527M crypto transfers via Binance, Bybit
India's Enforcement Directorate searched four sites in a probe into unauthorized foreign crypto payouts, identifying Binance and Bybit as channels used by a Bengaluru firm.
CCOINMAG
5620
2% chance−1 pp in 24h
Data: Polymarket, updated every minute. · Ends Jan 1, 2027
This market will resolve to “Yes” if Narendra Modi ceases to be Prime Minister of India for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”.
An announcement of Narendra Modi's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.
If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution.
The resolution source for this market will be official information from Narendra Modi and the government of India; however, a consensus of credible reporting may also be used.
India's Enforcement Directorate searched four sites in a probe into unauthorized foreign crypto payouts, identifying Binance and Bybit as channels used by a Bengaluru firm.
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG.
