Following the July 2023 exploit of Multichain, which resulted in a $200 million asset loss, the Fantom Foundation has been actively seeking legal recourse to recover the stolen assets. The Singapore High Court has recently ordered Multichain to compensate the victims, with Fantom Foundation planning to petition the court for the liquidation of Multichain to reclaim approximately $65 million in frozen stablecoins. Additionally, Fantom Foundation is pursuing a bankruptcy declaration against Multichain to recover the $122 million stolen from Fantom's bridge in the exploit. This legal action represents a significant step forward in the foundation's efforts to address the aftermath of the exploit and partially recover the lost assets.