Filecoin’s Liquid Staking Team Under Investigation: Where Are the Tokens?

Investigation and Token Movement

  • STFIL, a liquid staking platform for Filecoin (FIL), announced that its team is allegedly being investigated by Chinese police.
  • FIL tokens staked on the platform were moved to an unknown address without the team’s authorization.
  • The mysterious address now holds $23 million worth of FIL.

Community Concerns

  • Investors are worried about the fate of their staked FIL tokens.
  • Users question why the STFIL team didn’t inform them sooner about the investigation or token movement.

Filecoin Foundation’s Response

  • The Filecoin Foundation initially distanced itself from the situation.
  • After criticism, the foundation announced that it is tracking and evaluating the situation.
  • The scheduled network upgrade has been postponed to April 24.

Current Status

  • The stolen tokens remain in the unauthorized address.
  • No recovery plan has been announced.