Crypto Hack: Multichain to Pay Fantom $2.18M as Compensation

The High Court of Singapore has ruled that the Multichain Foundation, a cross-chain router protocol, must compensate the Fantom Foundation for losses incurred during a significant hack. This decision comes after the July 2023 incident where Multichain experienced abnormal outflows, later confirmed…

By Steve Kornacki · Updated Jul 10, 2024