Bo Shen Announces Public Bounty for $42M Stolen in Wallet Hack

Bo Shen, co-founder of Fenbushi Capital, has launched an appeal to recover approximately $42 million in digital assets stolen from his personal wallet in November 2022. The incident was previously confirmed by blockchain security firm Beosin as a private key compromise.

In a recent statement on X, Shen revealed that nearly three years of tracking has led to clearer insights into the movement of the stolen funds across the blockchain.

Shen announced a bounty program offering 10%-20% of any successfully recovered funds to individuals or organizations providing meaningful contributions to the recovery effort.