🚨Polymarket Hit by Crypto Hack as South Korea Investigates Gambling Rules📊
🔓 Polymarket, a prediction market platform, was hit by a crypto hack linked to a compromised private key
💰 The attacker was draining funds at a fast rate, around 5,000 POL tokens every 30 seconds
🧾 The total estimated loss from the exploit is about $700,000 in crypto assets
🔀 Stolen funds were split and moved into 16 different wallets to hide the trail
🏦 Some of the stolen money was later transferred to crypto exchanges for cashing out
🛡️ Polymarket said that user funds and main trading systems were not affected by the attack
🔑 The issue was linked to an old internal private key used for operational “top-up” functions
❄️ Security teams and investigators managed to freeze around $164,000 of the stolen funds
⚖️ At the same time, regulators in South Korea, the U.S., and India have started investigating the platform
📊The company is also facing allegations of insider trading and unusual high-profit trading activity $POL $TAO
#Saylor100MBTCAccessViaMSTR #KevinWarshLeadsFederalReserve #USInflationForecastUpOnIranConflict $ETH
