Polymarket hack updated to $3.1 million days after the platform promised users full refunds
The prediction markets giant is under investigation in connection with false or deceptive marketing practices, according to news reports.
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Summary
- Hackers stole about $3.1 million in Polymarket’s PUSD token from 11 user wallets, moving the funds from Polygon to Ethereum, according to blockchain intelligence firm AMLBot.
- Polymarket said a compromised third-party vendor injected a malicious script into its frontend, and the platform has removed the dependency and pledged full refunds to affected PUSD holders.
- The phishing attack comes after a series of recent security incidents at Polymarket and amid reports that the prediction platform is under federal investigation over allegedly deceptive social media promotions.
