Sonic Labs Overhauls Leadership as S Token Trades 97% Below Peak
Sonic Labs Overhauls Leadership as S Token Trades 97% Below Peak Sonic Labs announces board members Andre Cronje, Michael Kong, and David Richardson are resigning, while Matt Visser is taking over as CEO and Kosta Kourkoumelis is becoming COO. The new leadership said its first focus is operational discipline and rebuilding trust. Visser said he is not promising an instant turnaround, but wants Sonic to get “1% better” every day and let that compound. Sonic Labs also acknowledged the token’s weak performance and falling community sentiment. The team committed to more transparent governance,…
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