Prediction market Polymarket has suspended international trading after a third-party 'security incident' siphoned $2.65 million in minutes
Polymarket has confirmed that all users affected by the third-party security breach will be reimbursed, with the matter referred to law enforcement.
Polymarket, the US-based prediction market platform, halted trading on its international arm after a hacker exploited a vulnerability through a third-party provider, draining $2.65 million within minutes. The platform confirmed the suspension was linked to the external security breach and not its core systems.
The $2.65 million was siphoned before Polymarket could intervene, prompting an immediate trading freeze on international markets.
