Will a shipping vessel pay crypto for safe passage through Strait of Hormuz in April?

Voting Title

Will a shipping vessel pay crypto for safe passage through Strait of Hormuz in April?

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Market Description

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.

View on Trueo: https://trueo.com/market/0x47bb616d6bd5671da2b63636a0ca6524c66d9cf6

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Voting Description

This vote addresses a dispute regarding the "Will a shipping vessel pay crypto for safe passage through Strait of Hormuz in April?" on Trueo. Initially, the Resolver proposed the outcome as "No". The Disputer challenged this outcome, but the Oracle Council refused the dispute, maintaining the outcome as "No". Subsequently, the Escalated Disputer contested the Oracle Council's decision, requesting a re-vote by $TRUE Holders.

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Reasons For Dispute

Google Gemini confirms this market with its rules written as is should resolve to YES.

1 - Iran's Deputy Parliament Speaker Hajibabaei confirmed on April 23 that Iran is accepting crypto in exchange for safe passage and that some ships have complied https://houseofsaud.com/iran-confirms-first-hormuz-toll-revenue-central-bank-deposit/

2 - Reuters reported that several ships, including three Japanese vessels have taken uncommon routes through Horum around Larak Island at the command of the IRGC https://www.reuters.com/world/middle-east/shipping-traffic-through-hormuz-virtual-standstill-despite-ceasefire-data-shows-2026-04-09/

3 - TRM Labs has confirmed that IRGC has established infrastructure for accepting Crypto payments and converting them to bank deposits for tolling fees https://www.trmlabs.com/resources/blog/iranian-crypto-tolls-in-strait-of-hormuz

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Dispute Background:

• Initial Resolution: Resolver proposed the outcome as "No".
• Dispute and Arbitration: Disputer challenged the outcome, but the Oracle Council refused the dispute, maintaining the outcome as "No".
• Escalated Dispute: Escalated Disputer contested the new outcome, requesting a re-vote.

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Voting Items Description

$TRUE Holders are now required to vote on the following items:

• #1 - Set the outcome to Yes, and Don't Slash. [8]
• #2 - Keep the outcome as No, and Don't Slash. [16]
• #3 - Set the outcome to CANCELED, and Don't Slash. [24]
• #4 - Set the outcome to RESET, and Don't Slash. [32]

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Additional Info

• Market: 0x47bb616d6bd5671da2b63636a0ca6524c66d9cf6
• Resolver: 0x8f8f6C7303861d89Cc3876fb307A76106b67F252
• Disputer: 0x69d66448ce8da204fFB6C02b2dDf46a40f96a782
• Escalated Disputer: 0x69d66448ce8da204fFB6C02b2dDf46a40f96a782