The revelation came hours after ZachXBT, a pseudonymous crypto investigator, reported on Telegram that the exchange “was likely exploited for ~$11.5 million on May 8, 2025.”
While BitoPro did not disclose how much money was stolen in the breach, the statement said that the platform has “sufficient virtual asset reserves” to maintain customer funds and company operations.
“Since the incident, user top-up, withdrawal and transaction functions have maintained normal operation,” the company said in the statement.
BitoPro did not immediately respond to a request for comment from Fortune.
Since the company’s announcement on Monday, trading volume on the exchange has fallen 21%, according to crypto data platform CoinGecko.
