
Polymarket hack drains $2.65M from 995 accounts
- —995 accounts lost a combined $2,654,211
- —Largest losses were $341K and $307K
- —Attack unfolded in about an hour, reaching $2.68M
- —Stolen funds converted into 28.6M POL tokens
Why it matters: A second frontend breach at Polymarket undermines trust in prediction markets and draws fresh regulatory scrutiny to the sector.
Source: U.Today