Movement Labs collapses into bankruptcy after MOVE token scandals
Covered by 2 sources · 2 articles
2 outlets - including Cryptopolitan and Crypto - are covering this story. Movement Labs, the developer of the Movement blockchain, has filed for bankruptcy, ending a punishing stretch for the company over a market-making scandal involving its MOVE token. MVMT Labs voluntarily filed for Chapter 11 bankruptcy in th…
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Movement Labs has officially filed for bankruptcy
Movement Labs, the developer of the Movement blockchain, has filed for bankruptcy, ending a punishing stretch for the company over a market-making scandal involving its MOVE token. MVMT Labs voluntarily filed for Chapter 11 bankruptcy in th…
Movement Labs collapses into bankruptcy after MOVE token scandals
Movement Labs has filed for Chapter 11 bankruptcy with no more than $500,000 in assets and liabilities that could reach $10 million following more than a year of turmoil around the MOVE token. Court records show that MVMT Labs submitted…