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BitoPro Hack Suspected, $11.5M Drained Across Chains

  • BitoPro, a crypto exchange in Taiwan, was likely hacked with $11.5 million stolen across various blockchain networks on May 8, 2025.
  • Stolen crypto was laundered through Tornado Cash, Thorchain, and Wasabi Wallet to conceal the source of funds.
  • BitoPro confirmed a hot wallet breach during a system upgrade and hired cybersecurity experts to investigate the incident.
  • BitoPro plans to launch a new hot wallet for transparency to rebuild user trust and improve cybersecurity measures.

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