The core technical team of STFIL, the Filecoin liquid staking protocol, is reportedly under investigation by Chinese authorities, according to STFIL. Additionally, the protocol recently observed unexpected and irregular updates. Simultaneously, during the detention of the core technical team, FIL tokens valued at more than $22 million were sent to an external address of unknown origin. Legal representation has been sought to address these developments.
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Chinese Police Detain Filecoin Staking Protocol Core Team; $22 Million in FIL Tokens Transferred to Unidentified Address
