Polymarket Confirms Third-Party Service Provider Breach, Says It Will Fully Compensate Affected Users

TechFlow news: On October 30, according to CoinDesk, prediction market Polymarket posted a statement on its status page confirming that one of its third-party service providers had been breached, affecting international site users. Prior to this, several users had reported on X that their account assets had been withdrawn without authorization.

Polymarket said it had identified and fixed the issue affecting the international site and referred the incident to relevant law enforcement authorities for handling; affected users will receive full compensation. Platform trading remains suspended. CoinDesk confirmed that some user accounts holding balances on the international site had been drained.

TechFlow previously reported that Polymarket had switched trading to cancel-only mode due to a security incident, and that a suspected attacker address held approximately $2.65 million in POL.

Source: TechFlow