The Singapore High Court ruled in favor of Sonic Labs' motion to force the Multichain Foundation to liquidate in order to recover funds stolen during the 2023 hack.
Michael Kong, chief executive of Sonic Labs, said in a statement on X on May 14 that the team behind Sonic felt it had no choice but to file a lawsuit to force the closure of Multichain because its former employees were "completely uncooperative".
Singapore's High Court rules in favor of Sonic Labs' motion to force Multichain Foundation to liquidate
2025-05-15 06:11:44
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
新加坡高等法院裁定支持Sonic Labs的动议,迫使Multichain Foundation清算Next article:
现货黄金回落至3140美元/盎司下方,日内跌1.21%。