TOBTC

#Chinese police probe spurs mysterious token movements and platform upgrades :

Liquid #staking protocol #STFIL claimed in a post that the #FIL tokens in their 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 their belief that Chinese authorities are still investigating their core technical team members. According to the X post, the detained members have already received legal assistance.

The liquid staking protocol also said that while their team members were detained last week, 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.