Sonic Labs founding board members Andre Cronje, Michael Kong, and David Richardson resign as the S token trades 97% below its $1.03 peak amid collapsing

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%.