STFIL Faces Investigation as Chinese Police Probe Core Team

Tuesday, 9 April 2024, 12:00

Filecoin staking platform STFIL is currently facing an investigation by Chinese authorities, with significant concerns raised about the funds involved. The situation has escalated due to protocol upgrades and a large transfer of FIL tokens to an unknown address, creating uncertainty among stakeholders.
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STFIL Faces Investigation as Chinese Police Probe Core Team

STFIL Filecoin Staking Platform Under Investigation and Fund Concerns

STFIL, a major Filecoin (FIL) staking platform, is under investigation by Chinese police amidst fund concerns. The probe involves the core technical team and has led to the transfer of millions in FIL tokens to an unknown address.

Millions in Filecoin Moved as STFIL Team Faces Investigation

STFIL's actions have sparked mixed community reactions, with allegations of foul play by some individuals like crypto analyst Niraj Singh. Concerns over fund withdrawals and a contract alteration have amplified the situation, calling for intervention from the Filecoin Foundation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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