OKLink: The reason for the theft of Shen Bo's assets is highly likely to be the leakage of private keys
ChainCatcher news, according to security experts from OKLink of OK Group, the situation of Shen Bo's personal wallet assets being stolen involved the stolen address directly initiating a transfer transaction, transferring assets such as ETH and USDC to other addresses, rather than using transferFrom. Therefore, the reason for the theft is not the usual authorization phishing, but likely a private key leak. Additionally, the stolen address has already swapped 38 million USDC for DAI, making it impossible to freeze through centralized entities.
According to data from OKLink's multi-chain browser, Shen Bo's personal address (ending in 5e894) was hacked and lost 38 million USDC and 1,606 ETH at 13:48 Beijing time on November 10. Currently, Shen Bo's personal address has only 1.05 ETH left, and the value of ERC20 tokens is approximately 33 USD. (Source link)