April 16 (Cointime) - Fenbushi Capital's founding partner and angel investor for Liquidity Protocol, Bo Shen, has refuted recent claims from Lookonchain about his involvement in the sale of 557,140 LQTY tokens for 613 ETH.
Earlier, Cointime reported that Bo Shen had exchanged the LQTY tokens, valued at approximately $1.35 million at the peak of $2.42 per token. The LQTY price has since dropped by 5% to as low as $2.3 per token after the sale. As an angel investor for Liquidity Protocol, the issuer of LQTY, Shen has held the tokens since their unlock in July 2022 until the recent trade.
Shen has clarified that the transactions from the stolen wallet were not conducted by him and expressed his long-term confidence in LQTY, continuously supporting the Liquidity Pool without selling any of his holdings.
Bo Shen is appealing to the community to help find leads on the hacker and is offering a reward for any valuable information.
被盗资产与去年11月为同一笔,目前各方正积极追查。
— Bo Shen (@boshen1011) April 16, 2023
被盗钱包交易非本人操作,LQTY卖出系黑客行为。
个人对LQTY持有长期信心,一直未曾出售并长期支持Liquidity Pool。
呼吁社区共同协助寻找黑客线索,愿提供酬劳。@SlowMist_Team @Beosin_com https://t.co/XFDYqV4Tzg
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