Polymarket resumes trading after UK vendor hack drained funds
Polymarket has restarted international trading hours after hackers breached a third-party UK vendor and stole money from user wallets.
Third-party vendor breach confirmed
The company stated that the intrusion targeted a vendor based in the United Kingdom rather than its own website. Trading was paused for several hours while investigators looked into the incident before services returned to normal.
Financial impact and refunds
Analytics firm Bubblemaps says roughly 700 users were affected by the theft of approximately $2.7 million. Polymarket declined to answer specific questions about the number of impacted traders but promised to refund those who lost money.
US platform remains unaffected
Users on the separate Polymarket US exchange were not impacted by this security incident. The flagship international platform operates as a cryptocurrency-based market that is banned in the United States and other nations.
Reported by one outlet
Only one outlet has published this. Nothing here has been checked against a second report, so read it as that outlet's account and follow the link below for the original.
Reported by
1 independent outlet. Headline as published. Links open the original report.