Sonic co-founder Andre Cronje: Over $7 million spent to recover losses related to Multichain

Sonic (formerly Fantom) co-founder Andre Cronje stated that the team has invested over $7 million to help victims of the Multichain incident recover their assets, with more than $5 million allocated to legal-related expenses. The foundation has recently added an additional $2 million to the funding agreement to continue advancing related work in the United States and China.