[Sonic Restructures Leadership and Board, Matt Visser to Serve as CEO] Sonic has officially released an important announcement, revealing significant changes to its leadership and board of directors. Michael Kong, Andre Cronje, and David Richardson will step down from their positions on the Sonic Labs board. Matt Visser will take on the role of Chief Executive Officer. Kosta Kourkoumelis will join the company as Chief Operating Officer. The announcement emphasized that, in light of recent token price declines and low community morale, the team will prioritize transparency and work to rebuild trust moving forward. All decisions and the reasons behind them will be made public and transparent, with no behind-the-scenes operations. Additionally, the team is establishing a dedicated Risk and Compliance Committee to ensure operational practices meet the standards expected by token holders.