ME News reports that on October 30 (UTC+8), following a third-party service breach that resulted in the theft of funds from some users, Polymarket International pledged to fully compensate affected traders and has filed a report with law enforcement; the U.S. site was unaffected. On-chain analysis shows approximately $2.7 million was transferred from around 710 wallets. Users with losses under $10,000 will have their funds restored directly by October 30; users with losses exceeding $10,000 must sign a settlement and release agreement before receiving compensation. Some users reported being required to submit identity information prior to receiving large reimbursements. The official tweet did not disclose the full contract text. (Source: ODAILY)
Polymarket International to Compensate Users Through a Staged Process
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Summary
Polymarket International announced a phased compensation plan for users affected by a third-party breach on October 30 (UTC+8). Users with losses under $10,000 will have their funds restored by the same date. Larger claims require a signed settlement agreement and submission of personal information. On-chain analysis reveals $2.7 million was transferred from 710 wallets. Altcoins to watch may respond to this incident. The U.S. site was unaffected.
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