Sonic Adjusts Leadership and Board, Matt Visser to Become CEO

CoinFeed June 20 news, Sonic officially issued an important announcement, declaring major leadership and board adjustments. Michael Kong, Andre Cronje, and David Richardson will resign from the Sonic Labs board. Matt Visser will take on the role of CEO. Kosta Kourkoumelis will join the company as COO. The announcement emphasized that, given the recent decline in token price and low community sentiment, the team will focus on transparency and rebuilding trust in the future. All decisions and their underlying reasons will be open and transparent, with no black-box operations. Additionally, the team is forming a dedicated risk and compliance committee to ensure operational methods meet the standards expected by holders.