Predict.fun Pledges Refunds After 400,000 USDT Wallet Losses
Predict.fun reports unauthorized transfers of about 400,000 USDT, suspects its API documentation site may have been compromised, and promises reimbursement.
Key Notes
- Predict.fun reports approximately 400,000 USDT in unauthorized transfers from users’ wallets.
- A possible compromise of its third-party-hosted API documentation site remains under investigation.
- The platform promises full reimbursement for incident-related losses but has not set a payment date.
Predict.fun says a small number of users suffered unauthorized transfers totaling approximately 400,000 USDT from their wallets. The BNB Chain prediction-market platform has promised to fully reimburse losses directly resulting from the incident.
In an October 27 statement, the company said its preliminary investigation points to a possible compromise of its API documentation website, which is hosted by a third-party provider. That explanation remains provisional.
Read Predict.fun’s incident statement and reimbursement commitment.
— predict.fun (@predictdotfun) October 27, 2026
Documentation Site Taken Offline
Predict.fun said it disabled the documentation site as a precaution and will keep it offline until its investigation is complete. The company believes the suspected compromise may have affected users during a short period, but has not published exact start and end times.
An API, or application programming interface, lets software interact with a service. Its documentation explains how developers can use it. The suspected entry point identified by Predict.fun is that supporting website; the announcement does not establish how access to it led to transfers from users’ wallets.
The statement gives an approximate aggregate loss and describes the affected group without putting a number on it. It does not identify the third-party hosting provider or provide transaction hashes, wallet addresses or a technical account of the unauthorized transfers.
Reimbursement Promised, Investigation Still Open
The platform’s commitment covers funds lost as a direct result of this incident. It has not announced a payment date, a claims process or confirmation that reimbursements have already been completed.
Predict.fun also promised a full post-mortem once the investigation concludes, covering what happened and measures intended to prevent a repeat. That report should provide more detail on the cause and the scope of exposure than the initial notice.
The platform’s website describes it as a BNB-native prediction market. CoinScreamer’s earlier launch coverage examined its integration with Binance Wallet. The current incident statement does not specify which wallet interfaces affected users had used.
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