A significant security breach has been revealed involving BitoPro exchange as a notable blockchain investigator, ZachXBT, uncovers the loss of $11.5 million from the exchange’s hot wallets on May 8th, 2025. This event raises concerns about security vulnerabilities and potential regulatory scrutiny over crypto exchanges’ practices. The incident details suggest that assets were swiftly withdrawn from BitoPro’s hot wallets before being moved through various privacy protocols like Tornado Cash, Thorchain, and Wasabi, highlighting the complexity of illicit activities in the digital space. So far, BitoPro has not released any official statement addressing this issue. This lack of response amplifies concerns about user safety and trust.