ME News reports that on September 16 (UTC+8), Andre Cronje, co-founder of Sonic Labs and founder of Flying Tulip, shared a statement by former executive Michael Kong and commented that Sonic Labs’ related blog post was “offensive and baseless.” Kong had raised concerns about plagiarism by the founding team as early as 2018, voluntarily forfeited his salary after the $40 million raised dwindled to less than $2 million, and successfully led a $150 million lawsuit in South Korea. He believes it is unjust for the project’s owners to have forcibly terminated him amid a declining token price in an attempt to appease public sentiment. Previously, Michael Kong tweeted this morning that Sonic Labs recently announced the “immediate termination” of his relationship with the company without providing any reason, creating the impression that he was fired for misconduct. His departure was not voluntary; both parties signed a separation and mutual non-disparagement agreement, but the company has refused to honor it, and the original contractor agreement has also not been fulfilled. Therefore, he is publicly responding and reserves the right to pursue legal action against Sonic Labs and its affiliates. (Source: Foresight News)
Andre Cronje Criticizes Sonic Labs for Dismissing Former Executive Michael Kong
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Summary
Sonic Labs co-founder Andre Cronje criticized the company’s recent announcement dismissing former executive Michael Kong, calling the blog post “offensive and baseless.” Kong had raised plagiarism concerns in 2018, voluntarily forfeited his salary as funds declined from $40 million to under $2 million, and led a successful $150 million lawsuit in South Korea. He claims his dismissal during the token price decline was unfair and not voluntary. Both parties had a severance and non-disparagement agreement, but Sonic Labs refused to honor it. Kong has reserved the right to sue the company and its affiliates. The ongoing dispute adds another layer to the on-chain developments surrounding the project.
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