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News with the tag "Multichain Foundation"

Multichain Foundation to pay $2.1M to Fantom for losses

CoinTelegraph
07:05 09-07-2024

The High Court of Singapore orders Multichain to compensate Fantom Foundation after a $210 million hack, awarding $2.18 million in damages.
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Multichain Foundation Fantom Foundation Singapore High Court $2.18 million compensation crypto hack

Fantom seeks to liquidate Multichain Foundation to recover assets from July exploit

TheBlock
06:07 05-03-2024

Fantom Foundation announced Monday that it plans to petition the court to liquidate Multichain Foundation to recover missing assets.
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Bridges Crypto Ecosystems Legal Policy Security