Summary
TLDR: STFIL, a Filecoin staking platform, announced that members of its core technical team are under investigation by Chinese police. Millions in FIL tokens were transferred to an unknown address, causing concern in the community. Some believe a contract alteration allowed for targeted fund withdrawals, while others call for the Filecoin Foundation to freeze the address. Despite this, FIL’s price has only slightly decreased.
Key Points
1. STFIL, a major Filecoin (FIL) staking platform, has revealed that members of its core technical team are under investigation by Chinese police.
2. The announcement comes after unexplained protocol upgrades and a large transfer of FIL tokens from the STFIL platform to an unknown address, holding approximately 2,568,022 FIL worth an estimated $23.09 million.
3. STFIL ranks as the second-largest liquid staking protocol within the Filecoin ecosystem, with a total value locked (TVL) of $39.08 million.