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Movement Labs Files for Chapter 11 Bankruptcy Protection

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2026-07-21 18:59:56
Movement Labs has filed for Chapter 11 bankruptcy protection, according to court filings. According to NS3.AI, the company reported more than $1 million in liabilities, between $100,000 and $500,000 in assets, and fewer than 1,000 creditors.

The filing comes after controversy over MOVE token market-making and Binance’s ban of the related market-making account.
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