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Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil

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Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil

The blockchain developer will continue operating under court supervision as it restructures following a market-making scandal, a co-founder’s suspension, and exchange delistings that rocked the project.

Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil

Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil

Source：Cointelegraph

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Source：https://cointelegraph.com/news/movement-labs-files-chapter-11-bankruptcy-move-token-turmoil