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First report 57m ago•Last update 57m ago

Polymarket Users Defrauded by Hijacked Monitoring Script

Polymarket users lost approximately $2.6 million due to a compromised monitoring script that sold their positions, though the platform has halted trading and promised compensation.

Background

Decentralized finance (DeFi) platforms, which operate without traditional financial intermediaries, have seen rapid growth but also face unique security challenges. The increasing value of assets managed on these platforms makes them attractive targets for cyberattacks and exploits, raising concerns about user protection and regulatory oversight in the evolving digital economy.

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Polymarket Users Defrauded by Hijacked Monitoring Script

First report 2h agoLast update 2h ago
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