Risk Disclosure
Prediction market trading carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider:
- The possibility of losing some or all of your deposited funds
- Your financial situation, trading experience, and risk tolerance
- The speculative nature of prediction markets
- Market liquidity risk — you may not be able to exit a position at your desired price
Not a Gambling Platform
Veridict is a prediction market platform, not a gambling or betting service. Market prices reflect collective probability assessments based on available information. Unlike traditional betting, outcomes are determined by verifiable real-world events and settled transparently.
Regulatory Status
Veridict operates in jurisdictions where prediction markets are legally permitted. We are committed to compliance with applicable laws and regulations. Users are responsible for determining whether participation is legal in their jurisdiction.
Conflict of Interest Disclosure
Veridict and its affiliates do not trade on markets hosted on the platform. We have no financial interest in the outcome of any market. Our revenue comes solely from the 2% fee on winning positions.
Market Resolution Conflicts
In the event of a dispute over market resolution, Veridict will make determinations based on the pre-stated resolution criteria and publicly available data. All resolution decisions are documented and published for transparency.
Security Disclosures
We maintain SOC2 Type II certification and undergo annual third-party security audits. Our infrastructure uses industry-standard encryption and security practices. In the event of a security breach, affected users will be notified within 72 hours.
Financial Disclosures
Veridict is not a registered financial institution. Prediction market shares are not securities and are not regulated by financial authorities. Funds held on the platform are not insured by any government deposit insurance program.
Tax Obligations
Trading profits may be subject to taxation in your jurisdiction. Veridict does not provide tax advice. Users are responsible for reporting their trading activity and paying applicable taxes. Transaction records are available for download from your account.
Contact
For questions about these disclosures, contact [email protected].