Hackers steal $ 11.5 million from BitoPro cryptocurrency exchange

A crypto detective under the nickname ZachXBT has reported a hack of the Taiwanese crypto exchange BitoPro, which allegedly took place on May 8, 2025. According to his estimates, the attackers stole $ 11.5 million worth of crypto assets. Among them were assets in the Ethereum ETH $2,529.47 Bridged Ether (StarkGate) -0.82% Market capitalization $0.15 billion VOL. 24 hours $0.95 billion , Tron, Solana SOL $145.42 Binance-Peg SOL -1.22% Market capitalization $0.16 billion VOL. 24 hours $0.28 billion , and Polygon networks, which were subsequently partially laundered through the Tornado Cash mixer and converted into bitcoin using Thorchain, and then sent to the Wasabi service.

The next day after the alleged hack, on May 9, the BitoPro team announced that the withdrawal and deposit system was being «maintained.» The temporary unavailability of functions raised questions among users, but there has been no official statement on the incident from BitoPro.

BitoPro has been operating in Taiwan since 2018 and is owned by BitoGroup. According to CoinGecko, the exchange’s trading volume over the past day amounted to about $ 24 million, and the platform’s reliability rating is 8 out of 10.

ZachXBT emphasized that the crypto assets were sold on decentralized platforms, and traces of some of them were subsequently lost through mixers. Users are waiting for the exchange’s official position on the incident.