The Fenbushi co-founder has offered a bounty to aid in the recovery of approximately $42 million lost in a 2022 hack. This incident involved a wallet breach, reportedly due to a seed phrase compromise. Investigators have made progress, managing to freeze about $1.2 million of the stolen funds. Efforts are ongoing to trace the remaining assets and recover them. The bounty aims to incentivize further assistance in these recovery efforts following the significant loss, highlighting the continuous challenges in asset recovery post-breach.

The Fenbushi co-founder has offered a bounty to aid in the recovery of approximately $42 million lost in a 2022 hack. This incident involved a wallet breach, reportedly due to a seed phrase compromise. Investigators have made progress, managing to freeze about $1.2 million of the stolen funds. Efforts are ongoing to trace the remaining assets and recover them. The bounty aims to incentivize further assistance in these recovery efforts following the significant loss, highlighting the continuous challenges in asset recovery post-breach.