Polymarket Forces Hack Victims to Sign NDAs for Refunds
Polymarket is requiring hack victims to complete full KYC, agree not to publicly criticize the platform, and waive all known and unknown claims before receiving refunds — drawing sharp community backlash.
What we know
According to an account on X, the settlement terms Polymarket is imposing include: full KYC on what is nominally a crypto platform, a clause agreeing not to publicly criticize Polymarket, waiver of known and unknown claims arising from the incident, and full confidentiality around the settlement terms. The post received 105 likes and 20 RTs with 8,562 views. The terms are being described as 'insane' and are fueling wider debate about the gap between DeFi's decentralization promises and corporate behavior during crises.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.