Fantom Foundation Secures Default Judgment Against Multichain

The High Court of Singapore has ruled in favor of the Fantom (FTM) Foundation in a major legal dispute over the Multichain cross-chain protocol. In order for Fantom Foundation to recoup the $122 million it lost during the Multichain Fantom bridge exploit in July 2023, the court’s default judgment permits the liquidation of Multichain Foundation’s […]
