The proposal targets 23.86 million POL linked to the Polymarket incident and 46.63 million POL associated with a Binance breach. While Polygon’s block producers have already blacklisted five attacker-controlled addresses to prevent outflows, these measures offer no mechanism to return funds to their rightful owners. The suggested protocol change would execute a one-time transfer of these balances into verified recovery wallets belonging to the affected institutions.
In section Cryptocurrency
Polygon weighs hard fork to recover $6.5M in stolen tokens
A member of the Polygon Labs validator-support team has proposed a hard fork to reclaim 70.49 million POL stolen from Binance and Polymarket. By overriding current address restrictions, the move aims to return $6.5 million in assets to their original owners without altering the total supply of the cryptocurrency.
Author Parvez03 characterizes the intervention as an extreme measure, explicitly warning against establishing a precedent for recurring fund recovery. Because the attackers retain control of their private keys, bypassing the current deadlock requires a fundamental change to the blockchain’s operating rules. The plan faces a formal review during the November 5 Polygon Protocol Governance Call. Should governance reach a consensus, developers estimate a two-week window for testing on the Amoy network and coordinating with node operators to prevent a chain split. Binance and Polymarket must provide formal verification of their recovery addresses before any code deployment occurs.
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