Polymarket Sets $3.9M Refund Plan After Third-Party Script Compromise

Polymarket has unveiled a refund plan worth $3.9 million following a security incident involving a compromised third-party script. The incident occurred on October 29, according to the company.

The compromise led to a trading pause, and Polymarket has now announced that it will refund losses totaling $3.9 million, including those linked to the trading halt. This information was disclosed in an update on October 30.

The incident and refund plan were covered by at least one outlet, with details of the security breach and its aftermath being reported. According to NewsBTC, the incident involved a compromised monitoring script.

At this point, it has not been reported how the script was compromised or what measures Polymarket will take to prevent similar incidents in the future. Readers should watch for further updates on this developing story.

Further details about the incident and the refund plan have not been reported yet.