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Movement Labs Collapses Into Bankruptcy Months After MOVE Token Scandal

calendar_today July 23, 2026 person coinpaprika domain coinpaprika

MVMT Labs, Inc. filed for Chapter 11 bankruptcy on 15 July 2026 in a Delaware court, listing under $500,000 in assets against liabilities of up to $10 million. The filing follows the 2024 MOVE token scandal and the departure of co-founder Rushi Manche.

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