Sonic co-founder Andre Cronje: Over $7 million has been spent to address losses from Multichain

Jinse Finance reported that Sonic (formerly Fantom) co-founder Andre Cronje stated that the team has invested over $7 million to help victims of the Multichain incident recover their assets, with more than $5 million spent on legal-related expenses. The foundation has recently allocated an additional $2 million to continue advancing related efforts in the United States and China.