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Polymarket users lose nearly $3M in suspected phishing attack


Polymarket users lose nearly $3M in suspected phishing attack

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On-chain analyst Specter reported a major Polymarket breach today that drained up to $2.94 million from about 11 accounts, with stolen funds held as PUSD. Attackers swapped the PUSD into ETH and routed proceeds to a final address, highlighting a significant crypto security and DeFi risk for Polymarket collateral and users.

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Popular on-chain analyst Specter just reported a major Polymarket breach today that stole up to $2.94 million from about 11 accounts combined. According to Specter, the stolen funds were originally held as PUSD (Polymarket’s USD-pegged collateral token), swapped into ETH and sent to a final address. While 11 victims have been identified so far, the...
Read the article at CryptoPolitan

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