Web3
Movement Labs Files for Chapter 11: What MOVE Holders Face
Crypto Daily·July 22, 2026·1 min read
Movement Labs filed for Chapter 11 bankruptcy on July 15, 2026, listing up to $10 million in liabilities and a $1.6 million claim by a co-founder. MOVE token hit a record low. The filing outlines key dates and risks for holders, signaling financial distress for the blockchain firm.
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