In brief
- Bo Shen, founder of Fenbushi Capital, is offering a 10-20% bounty to those who can help him recover a portion of $42 million that was stolen from him in 2022.
- The theft was allegedly due to a compromised seed phrase, leading to the loss of around $38 million in stablecoins in addition to Bitcoin and Ethereum.
- The venture founder believes new on-chain tooling and AI can help crack the case.
Bo Shen, the founder of crypto venture firm Fenbushi, is offering a bounty of 10-20% to any individuals able to help him recover a portion of the $42 million in Bitcoin, Ethereum, and stablecoins stolen from his personal wallet in 2022.
The malicious actor made off with crypto assets now valued around $42 million, highlighted by $38…
