Another Issue with Filecoin?
April 9, 2024
The STFIL protocol, the second-largest DeFi protocol on Filecoin, announced in an X post that the Chinese police are investigating the main technical team of STFIL. Additionally, in recent days, there have been abnormal, unplanned updates to the protocol, and FIL tokens on STFIL have been transferred to an unknown address. This is not the first police case involving Filecoin, as last year, four executives of a Filecoin mining company were charged with criminal offenses, including organizing a pyramid scheme worth over 600 million yuan.