TechFlow reports that Stargate, a cross-chain liquidity protocol built on LayerZero, has proposed reissuing all STG tokens on March 15 this year to "eliminate the risk of illicit transfers of STG from Alameda addresses."
Alameda purchased 10% of the total STG supply during Stargate’s community sale in March 2022 and committed to locking these tokens until March 2025. However, recent on-chain transfer data from Alameda wallets indicates that Alameda does not have full control over its wallets, and funds are being transferred illicitly.Original link




