TechFlow, Singapore High Court orders Multichain Foundation to pay 2,187,870.55 USD in damages to the Fantom Foundation.
Previously, Multichain was found in default on January 30, and a damages hearing took place on June 3.
The Fantom Foundation hopes the lawsuit will trigger the liquidation of Multichain, with a court-appointed liquidator assisting in asset recovery and distribution. Lead counsel Nicolas Tang stated that this ruling represents a significant victory for clients and the crypto community, reinforcing the legal standing of digital assets.




