Fenbushi Capital Partner, $42 Million Stolen

Crypto entrepreneur and Fenbushi Capital partner Bo Shen stated that $42 million in assets were stolen from his Ethereum (ETH) wallet.
 Fenbushi Capital Partner, $42 Million Stolen
READING NOW Fenbushi Capital Partner, $42 Million Stolen

Crypto entrepreneur and Fenbushi Capital partner Bo Shen stated that $42 million in assets were stolen from his Ethereum (ETH) wallet.

One of the most important problems of the cryptocurrency industry has been hack attacks. Recently, many cryptocurrency projects have suffered millions of dollars in losses. Especially DeFi projects were exposed to attacks due to vulnerabilities in the network structure. Increasing hack attacks have become one of the most important factors that make crypto investors nervous. Exchanges such as Binance are among those affected by this situation. Also, FTX lost $400 million in assets due to the hacking attack. Lastly, Fenbushi Capital partner Bo Shen got his share from these events, for which a solution could not be found yet.

Fenbushi Capital Partner Bo Shen Loses Personal Investments

Crypto investor and Fenbushi Capital partner Bo Shen said his personal investments were stolen as a result of a hacking attack.

Another person affected by hacking attacks in the crypto industry was Bo Shen. The investor stated that $42 million was stolen from private wallet assets.

Of the stolen tokens, approximately $38 million was stolen from USDC assets. According to the data, other stolen assets include tokens such as Tether (USDT), Uniswap (UNI).

Bo Shen stated that these stolen assets are not related to Fenbushi and are purely personal savings.

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