The investigator specializing in tracking blockchain operations, "ZachXBT," reported that the Taiwanese cryptocurrency exchange "BitoPro" may have suffered a security breach on May 8, resulting in the loss of digital assets estimated to be worth over $11.5 million.

According to the information shared by ZachXBT via his Telegram group, the breach involved the exchange's hot wallets across several networks, including Ethereum, Tron, Solana, and Polygon, which were accessed without authorization.

ZachXBT explained that the stolen coins were liquidated through decentralized trading platforms, and then anonymity protocols like Tornado Cash and Thorchain were used to wash the proceeds before being transferred to a Wasabi wallet, a mixing service used to obscure Bitcoin transaction identities.

As of the time of writing this news, BitoPro has not issued any official statement clarifying the circumstances of the incident, and the platform's team previously only announced a temporary suspension of services citing "maintenance work" without mentioning any security threats.