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Movement Labs Files for Chapter 11 Bankruptcy Amid MOVE Token Scandal

21 Jul 2026· CLOM Newsroom· CLOM· 1 min readMOVEPROJECT

Movement Labs has filed for Chapter 11 bankruptcy as it faces fallout from the MOVE token scandal and is undergoing a strategic overhaul.

The bankruptcy filing indicates significant financial distress for the company, which has been grappling with the implications of the scandal surrounding its MOVE token.

Reporting aggregated and summarized by CLOM — research & education, not financial advice.

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