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Bitopro Exchange Hack Update: Is $11M Theft Deeper Than Reported?
Bitopro Exchange Hack Update: Is $11M Theft Deeper Than Reported?
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Taiwan’s leading cryptocurrency exchange, BitoPro, abruptly entered maintenance mode on May 8, 2025, without prior warning. The unexpected shutdown has raised suspicions of a security breach, with initial reports suggesting a theft of $11 million. The lack of transparency from the exchange has fueled speculation that the incident may be more severe than disclosed.
Market participants are closely monitoring the situation, as the fallout could impact investor confidence in regional exchanges. The timing of the incident coincides with heightened regulatory scrutiny across Asia, particularly in Taiwan’s burgeoning crypto sector.
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