Polymarket pauses international trading after security incident

Business · First reported 29 Oct, 18:53 · Updated 00:04

Polymarket halted trading on its international platform on Thursday after a security incident involving a third-party provider. Trading resumed about an hour later, and the company said it would reimburse affected traders; the Washington Examiner reported that $2.65 million was taken from users’ wallets.

Polymarket said a security incident involving a third-party provider led it to pause trading on its international platform on Thursday.
Trading resumed about an hour later, and Polymarket said affected traders would be reimbursed.
The Washington Examiner reported that $2.65 million was taken from users’ wallets within minutes.

Summary written by Lux AI from 2 articles

Key facts

Platform: Polymarket’s international platform
Trading pause: About one hour, with trading resuming Thursday afternoon
Reported amount taken: $2.65 million from users’ wallets, according to the Washington Examiner
Reimbursement: Polymarket said it would reimburse affected traders
Referral: Polymarket referred the incident to a law enforcement agency in the United Kingdom