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Business·hace 9 horasResumen IA
Movement Labs Files for Bankruptcy After Raising $38M, Faces Asset Ownership Questions
MVMT Labs, the developer behind Movement Network, filed for Chapter 11 bankruptcy in July 2024, listing $1M-$10M in liabilities against $100K-$1M in assets, just months after raising $38M. Creditors now face uncertainty regarding asset ownership and claims amid a complex operating structure involving multiple related entities.
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