TechFlow news, June 6 — According to CoinDesk, the exchange suffered a cyberattack during its May wallet system upgrade, resulting in losses exceeding $11 million from its old hot wallet. The exchange stated it immediately replenished the stolen funds and transferred assets to a new wallet, ensuring users' assets were unaffected, with all deposit, withdrawal, and trading functions operating normally. The incident was initially disclosed by blockchain investigator ZachXBT; the stolen funds were laundered through decentralized exchanges and privacy protocols before being deposited into the Bitcoin mixer Wasabi Wallet. BitoPro is currently collaborating with a third-party cybersecurity firm to investigate the incident and plans to publish the new hot wallet address to enhance transparency.
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