Filecoin’s Second Largest DeFi Protocol Team Under Investigati | DeFi Updates

Filecoin’s Second Largest DeFi Protocol Team Under Investigation by Chinese Authorities

STFIL, a leadership liquid staking platform for Filecoin (FIL), finds itself caught up in controversy white its core technical team faces investigation by local Chinese authorities. The platform has hired lawers to assist the individuals currently in detention. In an official state, the STFIL disclosed that while the core technical team was under determination, FIL tokens on the platform were transferred to an "unknown, external address."

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