Approximately $300,000 in suspicious funds was drained from Predict.fun, a prediction market operating on BNB Chain, on Tuesday, October 27, 2026. According to COINOTAG, part of the money had already crossed the Relay cross-chain bridge into the crypto mixer Tornado Cash before any official response from the project appeared.

The movement of funds was flagged by an on-chain monitoring account, identified in the report as "Onchain…", which tracked the suspicious transfers.

Predict.fun operates as a prediction market on BNB Chain, the blockchain network associated with Binance that hosts a significant portion of decentralized finance activity. Prediction markets allow users to trade on the outcomes of real-world events. Relay is a cross-chain bridge protocol that facilitates token transfers between different blockchain networks, and it is the route through which part of the drained funds moved ahead of any project statement.

Tornado Cash is a cryptocurrency mixing service designed to obscure the transaction trail of digital assets by pooling funds from multiple users. The protocol was sanctioned by the United States Department of the Treasury's Office of Foreign Assets Control (OFAC) in August 2022, and assets routed through the mixer are considerably more difficult for investigators to trace.

No official statement from Predict.fun had been released at the time of reporting, and the report did not specify how the drain occurred — details that remain to be confirmed by the project.

This content was first published on COINOTAG.