Polymarket Users Targeted in Phishing Attack Resulting in $2.94M Losses

On June 25, 2026, on-chain security analyst Specter reported a phishing attack targeting Polymarket users, with losses estimated at approximately $2.94 million. The attackers have drained funds from over 11 victim wallets holding PUSD and converted the stolen assets into ETH. The incident is still under investigation, and users are advised to remain vigilant against phishing risks. The stolen funds have been consolidated into a specific Ethereum address, indicating a coordinated effort by the attackers. Specter continues to monitor the situation closely as more details emerge.

Key Points: • Phishing attack on Polymarket users resulted in losses of approximately $2.94 million. • Over 11 victim wallets were compromised, with funds converted to ETH. • Users are urged to be vigilant against phishing risks as the investigation continues.