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AC responds to leaving Sonic Labs board: Only responsible for technical architecture, not involved in token and business decisions

2026-06-21 05:51

Odaily Planet Daily News: Andre Cronje (AC) issued a statement on June 21 in response to his departure from the Sonic Labs board, clarifying his specific responsibilities within the Fantom and Sonic ecosystems.

AC stated that his resignation from the Sonic Labs board is true, but some external reports have confused his technical role with the project's commercial operations, tokenomics, and migration decisions. AC mentioned that he is not the founder of the company or the original token project and initially only participated as a technical advisor.

AC further stated that he was not involved in designing, leading, or executing the FTM to S token migration, is not responsible for the Sonic airdrop design and management, nor is he the decision-maker for the FTM-S token migration and S token economic model. At the same time, he emphasized that he does not support shutting down the Ethereum ERC-20 version of FTM or stopping the Opera network.

AC indicated that he will no longer participate in Sonic Labs business decisions in the future and will focus his main efforts on building the Flying Tulip project.