Predict.fun pledges full refunds after $400K USDT drain
- —Losses estimated at roughly $400,000 USDT from a small number of wallets
- —Cause traced to a third-party site hosting API documentation
- —Analyst Naeven counted 19 victims drained of ~105 ETH (~$260,000)
- —Funds were bridged to Ethereum and routed through Tornado Cash
Why it matters: The breach, days before the PREDICT token launch, undermines trust in the platform and extends a run of attacks on prediction markets.
Source: Cryptopolitan