Polymarket Halts Trading After Users Report Missing Funds
Polymarket has restricted trading and paused relayer actions while it investigates a security incident. Users say funds are leaving their accounts, and Arkham data shows a suspected attacker wallet holding about $2.65 million in POL. The event may matter for traders because it raises concerns about the safety of funds on the platform.
Why it matters
- Polymarket has stopped some trading and paused relayer actions during the investigation.
- Users report funds leaving their accounts, which raises concern about platform security.
- A suspected attacker wallet holds about $2.65 million in POL, according to Arkham data.
What to watch next
Watch for Polymarket's decision on when trading and relayer actions will resume, and any update on the security investigation.
