According to PANews, Andre Cronje, co-founder of Sonic Labs (formerly Fantom), stated on the X platform that despite complying with all regulations, there have been nearly two years of difficult discussions with regulators.
He pointed out that user preferences have shifted towards teams and products, rather than immutable code. Cronje summarized that builders face a choice: either stick to decentralization and risk it, or accept corporatization to ensure progress.