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Sonic Labs Secures Court-Ordered Multichain Liquidation After $210M Hack, Users Await Repayment
Sonic Labs Secures Court-Ordered Multichain Liquidation After $210M Hack, Users Await Repayment

The High Court of Singapore has approved a winding-up order against Multichain Foundation Ltd., a once-prominent cross-chain infrastructure protocol, following a 2023 security breach that caused over ...

Source: cryptonews 2025-05-16 01:14
ASIA|BLOCKCHAIN|FTM|REGULATION|BNB
Sonic Labs wins legal ruling to force Multichain Foundation liquidation for fund recovery
Sonic Labs wins legal ruling to force Multichain Foundation liquidation for fund recovery

Sonic Labs, formerly known as the Fantom Foundation, has secured a legal victory in Singapore to force the liquidation of the Multichain Foundation, following the massive 2023 hack that saw over $210 ...

Source: cryptopolitan 2025-05-15 20:15
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