TechFlow reported that the Fantom Foundation tweeted, "We are deeply disappointed by the latest news regarding Multichain. This is a difficult situation for everyone affected. In response, our team immediately began contacting stablecoin issuers—Circle (USDC), Tether (USDT), and TrueUSD (TUSD)—to freeze assets in Multichain's wallets. We have confirmed that over $60 million in USDC and over $2 million in USDT have already been frozen. We are continuing efforts to identify any other impacted assets. We are actively engaging with various contacts and sources to gain a comprehensive understanding of the Multichain incident. We have formed a working group consisting of current Multichain employees to better understand the situation from their perspective and offer support where possible. Over the coming weeks, we will announce various initiatives on Opera Chain to help the community and builders move forward."
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