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Polymarket Halts Trading for an Hour After Vendor Compromise, Says Affected Users Will Be ‘Made Whole’

Polymarket briefly stopped trading on its international platform after a provider compromise, promising full reimbursement to affected users.

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Bobby brown jr

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Polymarket Halts Trading for an Hour After Vendor Compromise, Says Affected Users Will Be ‘Made Whole’

Disclosure: Banx Network issues the BXE token on the XRP Ledger and therefore has an interest in the XRPL ecosystem. Nothing here is investment advice.

Polymarket halted trading Thursday for nearly an hour after a third-party provider was compromised. The company said it identified and fixed an issue, then resumed trading at 3 p.m. Eastern. Users had reported that wallets were drained, but Polymarket did not confirm losses or disclose how many people were affected. It promised that impacted traders would be “made whole” and said it would fully reimburse affected users. The incident was referred to law enforcement. The company said its US platform did not appear affected.

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