A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023 hack.
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Sonic Labs wins judgment for Multichain Foundation to wind up
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Sonic Labs secured Singapore High Court ruling to liquidate the Multichain Foundation and appoint KPMG as official liquidator, aiming to recover its share of losses from a $210 million exploit in July 2023
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