According to Wu, the Singapore High Court ruled on Monday that Fantom Foundation won the lawsuit against Multichain, ordering Multichain to breach of contract and pay $2.1 million in damages. Fantom Foundation said in a statement that although the judgment only involved Fantom's own losses, the purpose of the foundation's lawsuit was to promote the liquidation of Multichain and the appointment of a third-party liquidator by the court - which will be partially funded by Fantom Foundation - to help recover and distribute assets that were missing or frozen due to the Multichain attack.