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Sonic Labs Founders Including Andre Cronje Quit Board as New CEO Pledges to Get '1% Better' Daily - "The Defiant"
Sonic Labs said its three founding board members — Andre Cronje, Michael Kong and David Richardson — are resigning from the board, and named Matt Visser as chief executive officer and Kosta Kourkoumelis as chief operating officer, in a leadership overhaul at the blockchain network whose token and onchain activity have collapsed over the past year. The company disclosed the changes in a post on X.
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thedefiant.io
Sonic Labs Founders Including Andre Cronje Quit Board as New CEO Pledges to Get '1% Better' Daily - "The Defiant"
Sonic Labs said its three founding board members — Andre Cronje, Michael Kong and David Richardson — are resigning from the board, and named Matt Visser as chief executive officer…
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cointelegraph.com
Sonic Token Falls 5% As Long-Standing Execs Resign
Sonic Labs has overhauled its leadership as Andre Cronje and two other former executives resigned from the board, sending the S token down 5%.
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cryptobriefing.com
Sonic drops 5% as Cronje and top executives resign from Layer-1 project
Andre Cronje and two other founding board members resign from Sonic Labs as the S token drops 5%, sitting 97% below its all-time high with TVL at $20
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theblock.co
Andre Cronje, two others resign from Sonic Labs board as S token trades 97% below its peak
Sonic Labs said the three "remain invested in Sonic's success" but will no longer make business decisions for the Layer 1 network, formerly Fantom.
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news.bitcoin.com
97% Down — Andre Cronje Exits Sonic Labs Board as S Token Continues to Sink Lower
Andre Cronje and Michael Kong exit Sonic Labs board as the S token falls 97%, and Matt Visser takes over as CEO.