According to DLNews, the Singapore High Court ruled on Monday that Fantom Foundation won the lawsuit against Multichain, ruling that Multichain breached the contract and compensated for $2.1 million in losses. Fantom Foundation said in a statement: "Although this judgment only involves Fantom's own losses, the purpose of the foundation's lawsuit is to promote the liquidation of Multichain and the appointment of a third-party liquidator by the court - which will be partially funded by the Fantom Foundation - to help recover and distribute assets that were missing or frozen due to the Multichain attack."