Fantom Foundation has successfully won a lawsuit against Multichain in the Singapore High Court, with a ruling that Multichain breached the contract and must compensate for a loss of $2.1 million. The court pointed out that Multichain's leadership's control of encrypted assets violated the user agreement, and the background of the case is that Multichain admitted to a key breach on social media. Fantom Foundation plans to continue to promote the liquidation process of Multichain and provide support for the recovery and distribution of affected parties' assets.