Predict.fun users reportedly lose $260K in suspected wallet drain

At least 19 wallets tied to prediction market platform Predict.fun were reportedly drained of roughly 105 ETH, about $260,000, with investigators tracing the funds through Ethereum to mixer Tornado Cash. On-chain investigator Naeven flagged the suspected exploit. A wallet drain at a smaller DeFi platform is a security and confidence hit for prediction-market and Ethereum users, though the sum is too small to move ETH price materially.