AC Responds to Sonic Labs Board Exit, Says Role Was Technical and Not Tied to Token or Business Decisions

AC Responds to Sonic Labs Board Exit, Says Role Was Technical and Not Tied to Token or Business Decisions

N
News Editor
2026-06-21 05:51:44
Andre Cronje said his resignation from the Sonic Labs board is accurate, but clarified that his role in the Fantom and Sonic ecosystems was focused on technical architecture. He said he did not design or manage the FTM-to-S migration, Sonic airdrop, or S token economics, and will focus on Flying Tulip.
Andre CronjeSonic LabsFantomFTMFlying Tulip

Odaily reported that Andre Cronje, widely known as AC, issued a statement on June 21 addressing his departure from the Sonic Labs board and clarifying the scope of his responsibilities within the Fantom and Sonic ecosystems. AC confirmed that he has resigned from the Sonic Labs board, but said some external reports had mixed up his technical role with the project’s business operations, token economics, and migration-related decisions.

AC Says His Role Was Centered on Technical Architecture

In the statement, AC said he was not the founder of the company or of the original token project. According to his clarification, his involvement began in the capacity of a technical adviser, with responsibilities focused on technical architecture rather than commercial operations or token-related governance.

AC further stated that he did not participate in designing, leading, or executing the migration from FTM to the S token. He also said he was not responsible for the design or management of the Sonic airdrop, and was not the decision-maker behind the FTM-S token migration or the economic model of the S token. His comments were aimed at separating his technical contributions from decisions related to token migration and tokenomics.

Position on ERC-20 FTM and the Opera Network

AC also emphasized that he does not support shutting down the Ethereum ERC-20 version of FTM or stopping the Opera network. This part of the statement addressed discussions around his resignation and distinguished his personal position from Sonic Labs’ business decisions and token migration arrangements.

Regarding his future work, AC said he will no longer take part in Sonic Labs business decisions. He added that his main focus will shift to building the Flying Tulip project. Through the statement, AC laid out his position on the board exit, his role within the Fantom and Sonic ecosystems, and his responsibility boundaries regarding the FTM-S migration and S token economic model.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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