- Inquiries are still being conducted into the disappearance of Bo Shen’s $42 million of crypto assets.
- The investor claims he was not the one who authorized the transactions in the wallet that was taken.
- Shen has stated that he has long-term trust in LQTY and has not sold any of it.
Bo Shen, the general partner at Fenbushi Capital, has re-affirmed his opinion on the funds that were taken from his cryptocurrency wallet back in November 2022. In a recent tweet, the early crypto investor said investigations are still ongoing into the theft of his coins.
At first, the blockchain security company SlowMist conducted a probe into the theft and concluded that the robber had managed to steal the coins by accessing the seed phrase of Shen’s crypto wallet. But it also said that Trust Wallet, the host of the wallet, had nothing to do with the robbery and that its security measures had not been compromised.
Shen’s recent tweet confirms that the funds have yet to be recovered, despite the help of local law enforcement agencies. However, some people replied to his tweet, promising to help him reclaim the money. One of the people shared a screenshot indicating that the thief had transferred the funds to a wallet on the WhiteBIT cryptocurrency exchange.
The post Investigation of Crypto Assets Stolen from Bo Shen Ongoing appeared first on Coin Edition.
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