MVMT Labs, Inc., the original developer behind the Movement blockchain, filed for Chapter 11 bankruptcy protection on July 15, 2026, in Delaware.
The filing comes after years of challenges, including a major 2025 token scandal. Move Industries, the separate entity now stewarding the ecosystem, stated it remains unaffected and continues building.
Read the Original story Movement Labs Files Chapter 11 as Move Industries Continues Operations by Lockridge Okoth at beincrypto.com