After a lengthy legal battle, the High Court of Singapore has ruled in favor of Fantom Foundation, ordering Multichain to pay $2.18 million in damages for losses incurred during a devastating $210 million hack. The ruling comes as a major blow to Multichain, a prominent blockchain technology company, and serves as a reminder of the potential risks and vulnerabilities in the rapidly growing fintech industry. The case highlights the importance of robust cybersecurity measures and the need for accountability in the face of such significant financial losses.