How Polygon would return 70 million stolen POL to recovery wallets

Two thefts left millions of POL in five blocked addresses. A Polygon proposal would move those balances into recovery wallets by changing the network’s rules at a specific block. Getting the tokens there would resolve one part of the recovery. Getting them back to customers is a separate job. Summary The proposed Polygon fork would recover about 70.49 million POL from five blocked addresses, with 46.63 million tied to Binance and 23.86 million to Polymarket. Polygon block producers restricted transfers from the addresses after the October incidents, but the balances remained in place and the filter had limited coverage. At the proposed activation block, upgraded software would read the preceding block’s balances, debit the listed addresses and credit designated recovery wallets. Tether separately froze the USDT sent alongside Binance’s stolen POL, leaving the fork proposal focused on native POL rather than both assets. Recovery wallets would receive the tokens first. Customer reimbursements would depend on each platform’s claims process and treatment of any payments already made. A Polygon improvement proposal has identified 70.49 million POL across five blocked addresses that a co...