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MainNewsBo Shen’s St...

Bo Shen’s Stolen $42M Crypto Assets Still Under Investigation


by CoinEdition
Bo Shen Stolen $42M Crypto Assets
  • Investigations are still ongoing over Bo Shen’s $42 million assets stolen in November 2022.
  • The Investor insists he did not authorize the transactions in the stolen wallet.
  • Shen said he maintains long-term confidence in LQTY and never sold any of it.

Bo Shen, the general partner at Fenbushi Capital, has reiterated his position on the funds stolen from his crypto wallet in November 2022. In a recent tweet, the early crypto investor explained that the stolen assets are still under active investigation by all parties involved.

Shen reaffirmed he did not authorize the transactions in the stolen wallet. He also stated that he did not execute the sale of LQTY tokens registered during the transactions. Claiming to maintain long-term confidence in LQTY and never sold any LQTY. Instead, he claims to continue supporting the LQTY liquidity pool.

The i…

The post Bo Shen’s Stolen $42M Crypto Assets Still Under Investigation appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsBo Shen’s St...

Bo Shen’s Stolen $42M Crypto Assets Still Under Investigation


by CoinEdition
Bo Shen Stolen $42M Crypto Assets
  • Investigations are still ongoing over Bo Shen’s $42 million assets stolen in November 2022.
  • The Investor insists he did not authorize the transactions in the stolen wallet.
  • Shen said he maintains long-term confidence in LQTY and never sold any of it.

Bo Shen, the general partner at Fenbushi Capital, has reiterated his position on the funds stolen from his crypto wallet in November 2022. In a recent tweet, the early crypto investor explained that the stolen assets are still under active investigation by all parties involved.

Shen reaffirmed he did not authorize the transactions in the stolen wallet. He also stated that he did not execute the sale of LQTY tokens registered during the transactions. Claiming to maintain long-term confidence in LQTY and never sold any LQTY. Instead, he claims to continue supporting the LQTY liquidity pool.

The i…

The post Bo Shen’s Stolen $42M Crypto Assets Still Under Investigation appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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The US stock market has been placed in a precarious position five months into the yea...
Why Slow Retail Buying Could Actually Be Good News for Bitcoin

Why Slow Retail Buying Could Actually Be Good News for Bitcoin

Bitcoin’s price action over the past few weeks has investors speculating whether the ...