Andre Cronje: Foundation has spent more than $7 million to recover Multichain losses
Source: PANews
Time: 2025-09-12 14:45:19
PANews reported on September 12 that Sonic (formerly Fantom) Andre Cronje tweeted to respond to community discussions that the Fantom Foundation has invested more than $5 million in the United States and China in order to recover the stolen assets of Multichain, and has added $2 million in funds to support the related lawsuits. Sonic Labs has been approved by the court to liquidate the Multichain Foundation to recover $210 million in losses. Fantom said that relevant legal actions are still being promoted.