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If any party identified in an Argentine prosecutor's formal criminal accusation concerning Sea Lion oil development as Navitas Petroleum LP, Navitas Petroleum Development & Production Ltd., Navitas Petroleum Atlantic United, or a director, manager, or administrator of one of those entities has been formally charged with any crime in Argentina after Issuance and before Jan 1, 2027, then the market resolves to Yes. The qualifying act is an Argentine prosecutor's filing of a requerimiento fiscal de elevación a juicio under Article 347 of the Código Procesal Penal de la Nación, naming a covered party and specifying the alleged crime concerning Sea Lion oil development. This is the formal prosecutorial accusation requesting trial. Covered parties are the three named Navitas entities and persons the qualifying document identifies as their directors, managers, or administrators involved in the Sea Lion conduct. Non-executive representatives or agents are not included solely because of that status. A pre-existing denuncia, an Article 188 requerimiento de instrucción, an investigative request, an indagatoria, or a judge's auto de procesamiento does NOT qualify. The complaint already filed before Issuance does NOT count. Formal charges require the filing of a criminal complaint, information, or indictment with an appropriate court. Arrests without charges, being named as a target of investigation, civil lawsuits, and administrative actions do not constitute charges. Traffic violations that don't require court appearances and sealed charges that remain sealed through the deadline also don't count. If charges are filed and then dismissed before the deadline, the market still resolves to Yes. Pre-trial diversion agreements involving formal charges count as charges. For groups of individuals, charges against any member of the specified group trigger the criterion.

If any party identified in an Argentine prosecutor's formal criminal accusation concerning Sea Lion oil development as Navitas Petroleum LP, Navitas Petroleum Development & Production Ltd., Navitas Petroleum Atlantic United, or a director, manager, or administrator of one of those entities has been formally charged with any crime in Argentina after Issuance and before Jan 1, 2027, then the market resolves to Yes. The qualifying act is an Argentine prosecutor's filing of a requerimiento fiscal de elevación a juicio under Article 347 of the Código Procesal Penal de la Nación, naming a covered party and specifying the alleged crime concerning Sea Lion oil development. This is the formal prosecutorial accusation requesting trial. Covered parties are the three named Navitas entities and persons the qualifying document identifies as their directors, managers, or administrators involved in the Sea Lion conduct. Non-executive representatives or agents are not included solely because of that status. A pre-existing denuncia, an Article 188 requerimiento de instrucción, an investigative request, an indagatoria, or a judge's auto de procesamiento does NOT qualify. The complaint already filed before Issuance does NOT count. Formal charges require the filing of a criminal complaint, information, or indictment with an appropriate court. Arrests without charges, being named as a target of investigation, civil lawsuits, and administrative actions do not constitute charges. Traffic violations that don't require court appearances and sealed charges that remain sealed through the deadline also don't count. If charges are filed and then dismissed before the deadline, the market still resolves to Yes. Pre-trial diversion agreements involving formal charges count as charges. For groups of individuals, charges against any member of the specified group trigger the criterion.

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Key stats

Expiry
Jan 1, 2027(50 days)
Interest
$864.40
Total
$1K
Timeline & rules

Timeline & payout

This market will close and expire when an outcome occurs. Otherwise, it closes by Jan 1, 2027, 4:59 AM GMT+0.

Trading prohibitions

The following are prohibited from trading this contract:
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Prediction markets are offered by Coinbase Financial Markets, a registered futures commission merchant with the Commodity Futures Trading Commission and a Member of the National Futures Association. Trading prediction contracts involve substantial risk and may result in the loss of your entire investment. Contracts pay out only if the specified event occurs. Trade only if you understand the product and believe it is appropriate for your financial situation and objectives.Certain content has been prepared by third parties not affiliated with Coinbase Financial Markets or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges. Past performance is not a reliable indicator of future results.