Bitopro Confirms $11M Hack, Taiwan Crypto Exchange Says it Has Replenished Lost Funds

Taiwan’s BitoPro Crypto Exchange Confirms $11.5M Hack, Assures User Funds Are Safe

Taiwan-based cryptocurrency exchange BitoPro has confirmed a security breach that resulted in the loss of over $11 million from an old hot wallet during a system upgrade on May 8, 2025.

The incident was initially brought to light by blockchain investigator ZachXBT, who noted that the stolen funds were laundered through decentralized exchanges and privacy protocols before being deposited into Wasabi Wallet, a popular Bitcoin mixer.

BitoPro stated that it promptly replenished the stolen funds, moved assets to new wallets, and assured users that their assets were unaffected.

The exchange is collaborating with a third-party cybersecurity firm to investigate the breach and plans to publish new hot wallet addresses to enhance transparency.