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Polymarket Suspends Trading as Fresh Security Breach Drains User Funds

Picture: CoinCodex

Polymarket suspends trading after a third-party security breach drains user funds, with the platform promising full refunds to affected traders. Polymarket has temporarily suspended trading on its international platform following a security incident. The platform has reported a security breach involving a third-party service provider after users flagged suspicious wallet withdrawals and missing funds. While the platform hasn’t confirmed the total losses, it has promised to fully reimburse affected users. Polymarket has identified suspicious activity on its international platform. Users reported unusual wallet withdrawals and missing funds, following which Polymarket halted its trading services on Thursday.

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