Bo Shen Pledges Up to 20% Reward for Aid in Recouping $42M Lost in 2022 Digital Wallet Breach

Fenbushi Capital's co-founder, Bo Shen, is intensifying efforts to recover approximately $42 million in digital assets pilfered from his personal wallet in a 2022 hack. He is now appealing to the wider crypto community for help. Shen has announced a bounty program offering 10%-20% of any successfully reclaimed funds to anyone providing valuable input to the recovery effort. He lauded the progress of tools like AI-powered data analysis and advanced on-chain forensics in tracking stolen funds across the blockchain. Security teams and individuals who have contributed to the recovery process, including on-chain investigator ZachXBT and security expert Taylor Monahan, have already frozen around $1.2 million worth of related crypto assets. The bounty program is open to all who can provide useful information or technical support resulting in asset recovery.