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Heat vegetable oil in a deep pan, skillet, or deep fryer over medium-high heat.
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Rinse the shrimp under cool water and pat dry. Season with salt and pepper.
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Combine the cornstarch and flour. Dredge the shrimp in the cornstarch mixture, ensuring they are evenly coated.
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Fry the coated shrimp in batches until golden brown and crispy, about 2-3 minutes per side. Transfer to a plate lined with paper towels to allow the excess oil to drain. Be sure to arrange the shrimp in a single layer.
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Prepare the Garnish:
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While the shrimp cooks, dice the tomatoes and slice the green onions.
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Make the Bang Bang Sauce:
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Whisk together the mayonnaise, sweet chili sauce, rice vinegar, sriracha sauce, and sugar in a bowl. Taste and adjust the spice level with additional sriracha if desired. Set aside.
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Combine and Serve:
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In a large bowl, drizzle the crispy shrimp with the prepared Bang Bang Sauce and toss to coat evenly.
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Garnish with sliced green onions and diced tomatoes.