Daily Crypto News & Musings

Latest News and Articles about Centralized Control

Sonic Labs Wins $210M Multichain Liquidation Order: A Blow to Centralized Crypto Control

Sonic Labs Secures Court-Ordered Multichain Liquidation After $210M Hack, Users Await Repayment Sonic Labs, formerly known as Fantom Foundation, has achieved a significant legal victory against Multichain Foundation Ltd. following a devastating $210 million hack in July 2023. On May 9, 2025, the High Court of Singapore granted a winding-up order, appointing liquidators from KPMG […]

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