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Bo Shen Offers 10%–20% Bounty to Recover $42 Million Stolen in 2022 Wallet Hack

AI-driven tracing has surfaced new leads that yielded freezes on about $1.2 million.

Overview

  • Bo Shen, who relaunched recovery efforts Thursday, is offering a 10%–20% reward worth up to about $8 million.
  • The program invites tips from individuals or firms that make a material contribution, with payouts issued after assets are recovered.
  • Onchain investigators ZachXBT and Taylor “Tayvano” Monahan have helped freeze roughly $1.2 million linked to the theft.
  • Shen said the theft targeted his personal wallet rather than Fenbushi Capital after attackers obtained his mnemonic seed phrase.
  • The stolen funds moved through swap services like ChangeNow and SideShift across multiple blockchains, a tactic that scrambles transaction trails and leaves full recovery uncertain even with improved forensics.