Distributed Capital Founder Bo Shen Offers Recovery Bounty After $42 Million Wallet Hack
Bo Shen says his team traced the 2022 theft for three years and now has clearer blockchain fund flows, with contributors eligible for 10% to 20% of any recovered assets.
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Terms & Concepts
On-chain fund flows: Transaction movements recorded on a blockchain, which investigators can analyze to trace where stolen crypto was sent.
Wallet hack: Unauthorized access to a crypto wallet that can lead to theft of digital assets or private keys.
Asset recovery bounty: A reward program offering a share of recovered funds to people who provide useful information or assistance.