Fantom Launches Recovery Plan For Funds Lost In Multichain’s $200M Exploit, FTM Soars

The Fantom (FTM) Foundation has taken decisive steps to recover assets lost in the Multichain exploit that devastated various chains, including its own, resulting in a staggering $210 million loss.
After failed attempts to engage with the Multichain Foundation, the Protocol has announced that it filed a lawsuit for “breach of contract” and “fraudulent misrepresentations.” 
Fantom Foundation Takes Legal Action Against Multichain
The exploit, which occurred in July 202