CryptoBearishThe Block · Jun 207/10
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Andre Cronje, two others resign from Sonic Labs board as S token trades 97% below its peak
Andre Cronje and two other board members have resigned from Sonic Labs, the Layer 1 blockchain formerly known as Fantom, though they maintain their investment in the project. The departure occurs as Sonic's native S token has collapsed 97% from its peak, signaling significant loss of confidence in the network's leadership and direction.
