Fantom Foundation Earns Million Dollar Compensation!

#Fantom Foundation won its case in the Singapore High Court! By court decision, it was determined that Multichain had violated the contract and had to cover damages of $ 2.1 million.

Allegation:

* Multichain admitted that it had a critical security vulnerability on social media.

* Fantom Foundation filed a lawsuit, claiming that it was damaged due to this vulnerability.

Court order:

* The Singapore High Court ruled that Multichain's way of controlling cryptocurrencies violates user protocol.

* The court sentenced Multichain to pay compensation of $ 2.1 million to Fantom Foundation.

What will happen now?

* Fantom Foundation plans to initiate the liquidation process of Multichain.

* In this process, it aims to support the recovery and distribution of the assets of people affected by the attack.

So what is your opinion?

* How will this decision affect security in the cryptocurrency market?

* What do you think should be considered in crypto money investments?

* Share your thoughts in the comments and join the discussion!

$FTM

$BTC

$SOL