Movement Labs has officially filed for bankruptcy

AI Summary 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 the U.S. Bankruptcy Court for the District of Delaware on July 15. The court record says the company has... fulltext: 345 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/movement-labs-files-for-chapter-11/ Source: CryptoPolitan