Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil
Cointelegraph· Cointelegraph by Nate Kostar· Jul 21, 2026 · 8:59 PM
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.
This is a summary. Read the complete story at Cointelegraph below.
Read full article at CointelegraphRelated Stories
cryptoabout 9 hours ago
US Treasury cuts off MEXC over alleged $16B in illicit transactions
The US Treasury bureau FinCEN on Friday ordered US financial institutions to stop processing transfers involving MEXC Global.
Cointelegraph
cryptoabout 9 hours ago
Gnosis Pay breach exposes card details, personal data and crypto wallet information
The crypto debit card provider said customer funds remained safe despite the exposure of sensitive financial and personal information.
Cointelegraph
cryptoabout 10 hours ago
Binance hack is ‘cyber war,’ TRM Labs executive says
TRM Labs executive Ari Redbord called for governments to take offensive action against North Korean hackers following the record $6.3 billion Binance theft.
Cointelegraph