[Fantom Foundation Has Spent Over $7 Million to Recover $200 Million Loss from Multichain] Sonic (formerly Fantom) co-founder Andre Cronje stated that the Fantom Foundation has spent over $5 million in legal fees in the United States and China to recover $200 million in assets stolen from the Multichain platform, and has allocated an additional $2 million to support related litigation. Sonic Labs has received court approval to liquidate the Multichain Foundation in order to pursue approximately $210 million in losses. The Fantom Foundation emphasized that the related legal proceedings are still actively ongoing.