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Ethereum

How Polygon would return 70 million stolen POL to recovery wallets

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Two thefts left millions of POL in five blocked addresses. A Polygon proposal would move those balances into recovery wallets by changing the network’s rules at a specific block. Getting the tokens there would resolve one part of the recovery. Getting them back to customers is a separate job. A Polygon improvement proposal has identified 70.49 million POL across five blocked addresses that a coordinated hard fork could move to recovery wallets designated for Binance and Polymarket. The proposal describes a change to native POL balances at a fixed block. The software would zero the five listed balances and credit the corresponding amounts to verified recovery addresses. The distinction is between a balance the network has prevented from moving and one a recovery team can control.

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