Polygon eyes hard fork to recover $6.5 mln in stolen POL – But at what cost?

In a surprising development, Polygon has proposed a major network upgrade to recover approximately 70.49 million POL tokens, worth around $6.5 million. These were those tokens that were stolen during two separate security incidents involving Polymarket and Binance in October 2026. The proposal aims to move the stolen tokens from five attacker-controlled wallets into recovery wallets designated by the compromised companies. Remarking on which the team noted, 5 attacker-controlled addresses hold about 70.49M POL: about 23.86M POL (4 addresses) from the Polymarket incident and about 46.63M POL (1 address) from the Binance incident. The funds cannot move, but nothing in the current setup lets them be returned either. Things Polygon needs to do Polygon's block producers have already added these addresses to their transaction blocklists.

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