Taiwan-Based Crypto Exchange BitoPro Reportedly Suffers $11.5M Exploit, Remains Silent Weeks Later

Taiwan-based cryptocurrency exchange BitoPro may have fallen victim to a major security breach, with over $11. 5 million in digital assets siphoned from its hot wallets on May 8, according to blockchain investigator ZachXBT. The suspicious outflows reportedly affected multiple blockchains, including Ethereum, Tron, Solana, and Polygon, with the stolen assets later moved to decentralized exchanges (DEXs), cryptocurrency mixer Tornado Cash, and even bridged to Bitcoin via THORChain—a tactic commonly used by hackers to obfuscate the origin of funds. Despite the significant outflow and clear on-chain patterns of illicit activity, BitoPro has not publicly acknowledged the breach on its official X account or Telegram channel, even several weeks after the incident, ZachXBT noted in an X post source: https://www.binance.com/en/square/post/25071243682874?utm_source=BinanceNewsRSS