Predict.fun users reportedly lose $260K in suspected wallet drain

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At least 19 wallets linked to prediction market platform Predict.fun have reportedly been drained of approximately 105 ETH, worth $260,000, with investigators tracing the suspected stolen funds through Ethereum to cryptocurrency mixer Tornado Cash. Summary At least 19 wallets linked to Predict.fun have reportedly been drained of approximately 105 ETH worth $260,000, according to findings shared by on-chain investigator Naeven. The suspected incident first surfaced after a user reported losing roughly $5,000 and raised concerns that other Predict.fun users were experiencing similar unauthorized withdrawals. Investigators traced the suspected stolen funds through multiple intermediary wallets and Ethereum before they were reportedly forwarded to cryptocurrency mixer Tornado Cash. Naeven warned that more wallets may have been affected and urged users with funds remaining on Predict.fun to move their assets out of the platform. The exact cause of the reported wallet drain remains unclear, with investigators yet to establish whether compromised permissions, malicious signatures, or a vulnerable contract were involved. On-chain investigator Naeven reported the suspected attack on October...

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