The Fantom Foundation successfully won its case against Multichain in the Singapore High Court, where the judgment found Multichain in breach of contract and awarded $2.10 million in damages. The court noted that Multichain's leadership breached the user agreement by controlling the crypto assets, and the case comes against the backdrop of Multichain's admission of a key breach on social media. The Fantom Foundation plans to continue to advance Multichain's winding-up process and provide support for the restoration and distribution of the affected party's assets.