Coin Bureau|Jul 21, 2026 21:34
🚨BREAKING: Movement Labs files for Chapter 11 bankruptcy with less than $500,000 in assets, 18 months after targeting a $3 BILLION valuation.
Former co-founder Rushi Manche is listed among the company's largest creditors.
The filing follows a token market-making scandal, a Binance ban, and an internal investigation into its MOVE token launch.(Coin Bureau)
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