DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin News

Sonic Labs Wins Court Order to Liquidate Multichain Foundation

Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s Singapore branch as liquidators. Multichain’s Refusal to Cooperate Forced Sonic...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Sonic Labs Wins Court Order to Liquidate Multichain Foundation
Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s Singapore branch as liquidators. Multichain’s Refusal to Cooperate Forced Sonic Labs’ Hand Sonic Labs CEO Michael Kong said the Singapore High Court has approved his firm’s application to liquidate Multichain Foundation. Kong revealed that the […]

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Bitcoin News

Related market context