TREE NEWS update: Predict.fun said it will fully refund users after roughly 400,000 USDT was stolen from the platform. A preliminary investigation points to a possible compromise of its third-party API documentation site, which the platform has taken offline. The platform did not provide a timeline for the refunds.
Predict.fun Pledges Full Refunds After Roughly 400,000 USDT Theft
The detail that matters here is the attack surface: a third-party API documentation site, not the core protocol, is the suspected entry point. That shifts the story from a smart-contract failure to the less visible supply-chain and vendor risk that prediction-market platforms carry as they scale. The full-refund pledge limits user losses, but the absence of a timeline leaves the practical recovery path unresolved. Worth watching is whether the compromise is confirmed as documentation-site specific, and whether refund execution follows the pledge.
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