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Cointelegraph • May 15, 2025

Sonic Labs wins judgment for Multichain Foundation to wind up

The court’s decision to appoint liquidators aims to facilitate the recovery and redistribution of substantial assets lost in a significant security breach, potentially impacting mu...

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The Block • May 15, 2025

Sonic Labs secures court order to liquidate Multichain Foundation to recoup losses from $210 million...

Sonic Labs obtained a legal ruling to dissolve Multichain Foundation in order to recover a substantial portion of the funds lost during the 2023 security breach totaling $210 milli...

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