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
CoinKaya Brief

Market News Summary

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.

Original Source Cointelegraph
Published July 21, 2026

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  • This brief is based on a public crypto market headline from Cointelegraph.
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