Begin by patting the shrimp dry with paper towels to remove any excess moisture and then season them with salt and pepper.
Set up a dredging station with three bowls: one containing flour, one with beaten eggs, and the third with panko breadcrumbs.
Dredge each shrimp in the flour, then dip it into the beaten eggs, and finally coat it with panko breadcrumbs, ensuring an even coating.
Heat vegetable oil in a deep fryer or large skillet to 350°F (175°C) and carefully fry the breaded shrimp in batches until they turn golden brown and crispy, about 2-3 minutes per side.
Once fried, transfer the shrimp to a plate lined with paper towels to drain any excess oil.
In a mixing bowl, whisk together mayonnaise, Thai sweet chili sauce, Sriracha sauce, honey, rice vinegar, and garlic powder to make the Bang Bang sauce.
Transfer the fried shrimp to a large mixing bowl and pour the prepared sauce over them, tossing gently until evenly coated.
Garnish the Bang Bang Shrimp with chopped green onions or cilantro, if desired, and serve immediately as a flavorful appetizer or main dish, with extra sauce on the side for dipping. Enjoy the delicious blend of crispy shrimp and spicy-sweet sauce!