ZachXBT: Crypto Exchange BitoPro Stolen Funds Suspected to Outflow and Sold Through DEX
2025-06-02 05:53:58
"On-chain detective" ZachXBT said in a personal channel post that the crypto exchange BitoPro may have been stolen on May 8, 2025, with a loss of about $11.50 million. At present, the stolen funds are in the hot wallets of Tron, Ethereum, Solana, Polygon and other platforms. Suspicious funds are flowing out and sold through DEX. The stolen funds are then deposited into Tornado, or bridged to Bitcoin through Thorchain, and then deposited into Wasabi. As of now, BitoPro has not officially disclosed this incident on X or Telegram, only claiming that its trading service is "offline due to maintenance".
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