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Multichain Hack on Fantom | Users Left Wondering If Assets Are Gone Forever

By

Anjali Patil

Feb 9, 2026, 06:09 PM

Edited By

Linda Wang

3 minutes reading time

Users looking worried with lost funds due to the Multichain hack, showing distress and uncertainty about future compensation from Sonic Labs.
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Chaos After the Multichain Breach

A wave of anger and confusion sweeps through the community as users grapple with the aftermath of the recent Multichain hack. This incident has significantly impacted the Fantom network, leaving many users wondering about potential compensations and future actions.

Devastating Financial Losses

Reports indicate that several individuals lost substantial sums, with one user claiming to have lost over $20,000. The sentiment is starkโ€”many are questioning if they should just "drop it and move on."

"Some users argue that there should have been a more proactive response two years ago," one comment pointed out.

Sonic Airdrop Discussion Lacking Substance

Discussions surrounding a potential Sonic airdrop meant to compensate holders have surfaced, but details remain unclear. Users sought updates, reacting with skepticism as Sonic Labs has been silent on the matter for an extended period.

Interestingly, a recurring theme in user comments suggests a lack of legal action among the community, with questions like: "Has there been a single person that went to court with FTM regarding this?" This has raised doubts about the efficacy of any potential recovery efforts.

User Sentiment and the Future of Fantom

  1. Frustration: Many express feelings of betrayal and hopelessness while discussing their financial setbacks.

  2. Doubt: Users are questioning Sonic Labs' intentions, suspecting they may have rebranded to escape past issues.

  3. Silence: The overall lack of communication from Sonic has users feeling abandoned and forgotten.

Key sentiments reflected in quotes from the user forums:

  • "Sorry brother, but you should have lawyered up two years ago."

  • "What, there was another hack? Recently?"

Feeling the Pressure

As the dust settles, multiple users are left feeling that they might be better off moving on rather than waiting for communication or compensations. The general mood skews towards disappointment, but not all readers have lost hope. Some continue to demand accountability from Sonic Labs and clarity on future actions.

Aligning Perspectives

While some remain cautious about further investing in Fantom or any wrapped tokens, others suggest itโ€™s merely about learning from mistakes. How will this impact community trust in future ventures?

Key Points to Consider

  • $20,000 loss reported by a single user highlights severe economic impact.

  • Ongoing speculation about a Sonic airdrop without substantial evidence or details.

  • Growing frustration and skepticism among users regarding Sonic Labs' silence.

As the situation develops, many remain hopeful that this saga will conclude favorably, but for now, the uncertainty looms large. Stay tuned for updates.

Possibilities on the Horizon

Considering the current mood of skepticism among users, thereโ€™s a strong chance that Sonic Labs will need to act quickly to regain trust. If they announce a clear plan for compensation or provide updates about the potential airdrop, it could change the tide of opinion. Experts estimate around a 60% likelihood that we might see legal actions as users band together, particularly given the anger over significant losses. Alternatively, if silence continues, feelings of abandonment may deepen, pushing many to withdraw from the Fantom network entirely.

A Historical Reflection on Financial Turmoil

Looking back, the situation resembles the aftermath of the dot-com bubble burst in the early 2000s. Just as investors were left reeling from broken promises and lost fortunes, many turned to forums to vent frustrations or seek a way to move forward. In that era, the shake-up ultimately led to a leaner market, with more grounded startups emerging from the ashes. This ongoing saga with Multichain on Fantom might similarly reshape priorities within the crypto community, prompting a focus on transparency and accountability that could redefine the landscape.