This market will resolve to "Yes" if, at any time after the creation of this market and before May 1, 2026 - 00:00 UTC, a payment denominated in cryptocurrency is made by a vessel, the vessel's operator, owner, or an agent acting on their behalf, to an Iranian government entity, Iranian-affiliated armed group, or an intermediary controlled by such entities, and that payment is demonstrably made in exchange for safe passage, protection, escort, or to prevent interference with the vessel's transit through the Strait of Hormuz.

Otherwise this market will resolve to "No."

For the purposes of this market:

- "Cryptocurrency" means any digital asset (for example, Bitcoin, Ethereum, or a fiat-pegged stablecoin) transferred on-chain or via a custodial service in a way that can be publicly or credibly verified.

- A qualifying payment must be confirmed by at least two independent sources from the following list: an official statement by the vessel operator/owner, an official Iranian government or state-controlled media statement acknowledging or demanding the payment, verifiable on-chain or custodial transaction records publicly linked to the recipient, or reporting from reputable international news or maritime-security organizations (e.g., Reuters, AP, Lloyd's List, IMO, UKMTO).

- Commercial payments unrelated to securing transit (e.g., legitimate cargo purchases, port fees, insurance settlements) do not qualify unless they are explicitly documented as payment for safe passage.

- Only payments occurring after this market's creation are eligible for resolution.