Polymarket suspends trading after third-party breach leads to user losses
Prediction market provider Polymarket suspended trading Thursday after a third-party provider breach led to user losses on its international platform.
Users on Polymarket's international platform discovered their assets had been withdrawn without authorization, prompting the company to take immediate action. The breach affected a third-party provider, which Polymarket stated had been "compromised."
"We have identified and fixed the issue impacting our international platform," the company said in a statement on its status page. "One of our third party providers was compromised, and we have referred this to relevant law enforcement."
We have identified and fixed the issue impacting our international platform. One of our third party providers was compromised, and we have referred this to relevant law enforcement.
Polymarket confirmed that users with balances on its international platform saw their accounts drained. The company assured affected users that they would be made whole, though trading on the platform remains suspended.
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