By : Jamie Redman
Publisher : news
Date : June 21, 2026

97% Down — Andre Cronje Exits Sonic Labs Board as S Token Continues to Sink Lower

Sonic chart all-time stats, 97% down.Andre Cronje, Michael Kong, and David Richardson resigned from the Sonic Labs board this week, handing control of the struggling layer-one (L1) project to a new executive team. The three founding board members built Sonic Labs, formerly the Fantom Foundation, from the ground up. Cronje served as chief technology officer and is known across DeFi […]

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