Coinbase Prediction Market on Khazime vs Khotchenkov Closes with $27 Million Payout

On September 9th at GMT+0, 8:02 AM, a prediction market on Coinbase will close. The market, titled 'Khazime vs Khotchenkov', allowed traders to speculate on the outcome of an event. Those who correctly predicted the result could earn $1 per contract, minus their initial investment.

The total payout for this event was $27 million and the interest earned from it was $229,891.38. Traders were restricted from participating in the market if they had a vested interest in its outcome or held non-public information related to the event.