According to CoinMeta, Polymarket announced that due to user reports of unauthorized withdrawals, transactions have been restricted to cancel mode, and relayer operations have been suspended. The incident occurred on October 29th, with users claiming losses of up to $2.68 million. The event notification from Polymarket recorded an interruption at 18:05 on UTC, which was classified as a major malfunction affecting their predictive transactions API. The platform stated that users can cancel existing orders, but new orders and transactions cannot be processed at this time. The notification did not mention any compensation plan or a timeline for resuming normal transactions.