Liquid staking protocol STFIL claimed in a post that the FIL tokens on its platform moved to an external address following an investigation by Chinese authorities.
Filecoin liquid staking protocol STFIL claims that there have been token movements and unexplainable protocol upgrades following an investigation of their team members by the Chinese police.
On April 9, the protocol expressed its belief that Chinese authorities are still investigating its core technical team members. According to the X post, the detained members have already received legal assistance. It wrote:
The liquid staking protocol also said that while its team members were detained last week, Filecoin (FIL) tokens on the STFIL platform were transferred to an “unknown, external address.” At the time of writing, the address holds 2.5 million FIL tokens worth about $23 million.
