Taiwanese cryptocurrency exchange BitoPro is suspected to have lost over $11.5 million worth of tokens in a May 8 exploit, widely-followed blockchain sleuth ZachXBT said in his Telegram group on Monday.
The exploit involved unauthorized access to BitoPro's hot wallets across multiple blockchains, including Ethereum, Tron, Solana, and Polygon.
The stolen assets were then sold on decentralized exchanges, with proceeds laundered through privacy protocols such as Tornado Cash and Thorchain, and eventually moved to Wasabi Wallet, a Bitcoin mixing service.
BitoPro has not issued any public statements acknowledging the breach since the supposed explicit. Users were informed of a temporary service suspension due to "system maintenance” last month, and there was little social chatter in popular crypto X circles around the incident at the time.
“BitoPro has yet to formally disclose the incident on X or Telegram and told users the exchange was just offline for "maintenance,” ZachXBT said.
BitoPro has been based in Taiwan since 2018 and is operated by BitoGroup. It is mostly focused on the local market and mainly supports Taiwanese dollar (TWD) fiat pairs for major tokens such as bitcoin BTC, ether ETH and others.
It processed over $20 million in trading volumes in the past 24 hours, data shows, and is the top locally-focused exchange by that metric.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。