<ul><li>Taiwan-based cryptocurrency exchange BitoPro experienced a security incident where over $11.5 million in crypto was drained from its hot wallets on May 8.</li><li>The suspicious transactions involved outflows to decentralized exchanges (DEXs) across Ethereum, Tron, Solana, and Polygon, with assets later marked as sold.</li><li>Blockchain data revealed funds were sent to Tornado Cash or bridged to Bitcoin via THORChain to obscure their origin, tactics commonly used by hackers.</li><li>BitoPro announced a maintenance period on May 9 but has not disclosed the incident publicly, while users reported issues with withdrawing funds.</li></ul>

Crypto exchange BitoPro hit by $11.5M in suspicious outflows

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