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

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…

Sonic Labs has overhauled its leadership as Andre Cronje and two other former executives resigned from the board, sending the S token down 5%.