Fenbushi founder offers up to 20% bounty for recovery of stolen crypto

Shen Bo, co-founder of Fenbushi Capital, has offered a bounty of up to 20% for assistance in recovering hacked assets, Cointelegraph reported. In November 2022, he had $42 million worth of cryptocurrency stolen from his personal wallet, including USDC, ETH, USDT, and BTC. The renewed recovery effort is believed to stem from advancements in tracking technology that have made it easier to trace asset flows and transaction patterns. So far, $1.2 million of the stolen assets have been frozen with the help of on-chain detective ZachXBT and others. The bounty is scheduled to be paid as soon as the recovery is complete.