Distributed Shenbo: Set Bounty to Recover Approximately $42 Million Stolen Three Years Ago

ETH-0,35%

BlockBeats News, on March 26, Founding Partner of Distributed Capital Shen Bo stated that in November 2022, his personal wallet was hacked, resulting in a loss of approximately $42 million. The tracking work has never stopped over the past three years, and the team has gradually obtained more key clues and evidence. The flow of related assets has become increasingly clear. Today, we officially open a call for clues and set a reward: individuals or organizations who make substantial contributions to asset recovery, regardless of identity, background, or method, will be rewarded with 10%–20% of the final recovered amount based on their actual contribution. If you have valuable information, please contact us.

Three years ago, when the incident occurred, on-chain tracking and security investigation tools were far less mature than they are today. Now, AI-driven data analysis, on-chain evidence collection, and cross-platform collaboration capabilities have made qualitative leaps. Special thanks to all individuals and teams who provided help at the first moment. Currently, about $1.2 million worth of related assets have been frozen, and the team is working to claim them. Once completed, the team will fulfill its promise immediately.

Previously, on November 23, 2022, Shen Bo, partner of Distributed Capital, stated that his frequently used wallet ending in 894 contained assets worth $42 million, including 38 million USDC, which was hacked in the early morning of November 10, New York time. Mr. Shen Bo is an early investor and evangelist of Ethereum. Distributed Capital was founded in 2015 and is China’s first venture capital firm focused on investing in blockchain technology-related companies.

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