Movement Labs Files for Chapter 11 Bankruptcy

AI Summary The company behind the MOVE token filed a voluntary petition in Delaware listing up to $10 million in liabilities, capping a year of governance disputes, a market-making scandal and a failed strategic pivot. fulltext: 207 chars | fulltext source: rss-fallback | summary method: extractive Original: https://thedefiant.io/news/blockchains/movement-labs-files-for-chapter-11-bankruptcy Source: The Defiant