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#movementlabsfilesforchapter11bankruptcy

movementlabsfilesforchapter11bankruptcy

Afridyan_Traders
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Bullish
Verified
#movementlabsfilesforchapter11bankruptcy Yet another story of a major scam has come to an end here 🧐 Movement Labs has filed for bankruptcy. The project raised $141M and was heading towards a valuation of $3 billion 👀 According to the petition, its assets amount to less than $500 K. The token is down 99%. The most interesting thing is that it wasn’t the market that brought them down. A dodgy deal with a market maker, a dump of 66 million tokens the day after listing, a ban from Binance, and a war between the founders. And first in line among the creditors is their own sacked co-founder, with a claim for $1.6 million 🤡 Yet another confirmation that a big funding round doesn’t make a project good. Nothing can replace one thing: a team you can trust. $RE {future}(REUSDT) $NIGHT {spot}(NIGHTUSDT) $ERA {spot}(ERAUSDT)
#movementlabsfilesforchapter11bankruptcy
Yet another story of a major scam has come to an end here
🧐

Movement Labs has filed for bankruptcy.

The project raised $141M and was heading towards a valuation of $3 billion
👀

According to the petition, its assets amount to less than $500 K. The token is down 99%.

The most interesting thing is that it wasn’t the market that brought them down.

A dodgy deal with a market maker, a dump of 66 million tokens the day after listing, a ban from Binance, and a war between the founders.

And first in line among the creditors is their own sacked co-founder, with a claim for $1.6 million
🤡

Yet another confirmation that a big funding round doesn’t make a project good.

Nothing can replace one thing: a team you can trust.
$RE
$NIGHT
$ERA
Verified
#movementlabsfilesforchapter11bankruptcy Movement $LAB files for Chapter 11 - What it means for MOVE holders? Company filed in Delaware with $500k assets vs $1M+ liabilities after the 66M MOVE token dump scandal. Move Industries (new team) says they are NOT part of bankruptcy. My take: MOVE token is separate, but confidence is shaken. Watch $0.16 support. Are you holding MOVE or staying away? $MOVE #MOVE #CryptoNews
#movementlabsfilesforchapter11bankruptcy Movement $LAB files for Chapter 11 - What it means for MOVE holders?
Company filed in Delaware with $500k assets vs $1M+ liabilities after the 66M MOVE token dump scandal.
Move Industries (new team) says they are NOT part of bankruptcy.
My take: MOVE token is separate, but confidence is shaken. Watch $0.16 support.
Are you holding MOVE or staying away?
$MOVE #MOVE #CryptoNews
Anna love BNB:
That's a rough spot for MOVE holders, especially with liabilities doubling assets. Hope to see more of your analysis on this.
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Bearish
Verified
#movementlabsfilesforchapter11bankruptcy #Move ⚠️ MOVE UNDER PRESSURE: BUY OR SELL? 🚨 Movement Labs has filed for Chapter 11, while the new Move Industries team says it is not part of the bankruptcy. ✅ MOVE token is separate from the filing ⚠️ Investor confidence remains shaken 📉 Key support: $0.16 📊 Trading View: SELL / AVOID for now until MOVE proves strength and reclaims key resistance. Breaking below $0.16 could bring further downside. Are you selling MOVE now or waiting for a recovery? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"👇👇👇 $MOVE $LAB #CryptoNews {future}(LABUSDT) {spot}(MOVEUSDT)
#movementlabsfilesforchapter11bankruptcy #Move
⚠️ MOVE UNDER PRESSURE: BUY OR SELL?
🚨 Movement Labs has filed for Chapter 11, while the new Move Industries team says it is not part of the bankruptcy.
✅ MOVE token is separate from the filing
⚠️ Investor confidence remains shaken
📉 Key support: $0.16
📊 Trading View: SELL / AVOID for now until MOVE proves strength and reclaims key resistance. Breaking below $0.16 could bring further downside.
Are you selling MOVE now or waiting for a recovery? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"👇👇👇
$MOVE $LAB

#CryptoNews
Verified
#movementlabsfilesforchapter11bankruptcy Movement Labs, the core development entity behind the Movement blockchain, has officially filed for Chapter 11 bankruptcy protection under Subchapter V in Delaware. Court documents filed in mid-July reveal that the company reported assets between $100,000 and $500,000 alongside liabilities reaching up to $10 million across nearly 299 creditors. The filing comes on the heels of severe turbulence that began following the December 2024 launch of the MOVE token. Controversial market-making agreements led to massive token sell-offs, an internal investigation, and the subsequent dismissal of co-founder Rushikesh Manche—who currently holds the largest unsecured claim of over $1.6 million. While Movement Labs manages its restructuring process under court supervision, separate entities like Move Industries have clarified that they operate independently and are unaffected by the proceedings. CLICK BELOW TO TRADE : $BTC $XRP $LAB {future}(LABUSDT) {spot}(XRPUSDT) {spot}(BTCUSDT)
#movementlabsfilesforchapter11bankruptcy Movement Labs, the core development entity behind the Movement blockchain, has officially filed for Chapter 11 bankruptcy protection under Subchapter V in Delaware. Court documents filed in mid-July reveal that the company reported assets between $100,000 and $500,000 alongside liabilities reaching up to $10 million across nearly 299 creditors.
The filing comes on the heels of severe turbulence that began following the December 2024 launch of the MOVE token. Controversial market-making agreements led to massive token sell-offs, an internal investigation, and the subsequent dismissal of co-founder Rushikesh Manche—who currently holds the largest unsecured claim of over $1.6 million. While Movement Labs manages its restructuring process under court supervision, separate entities like Move Industries have clarified that they operate independently and are unaffected by the proceedings.

CLICK BELOW TO TRADE : $BTC $XRP $LAB
Verified
#movementlabsfilesforchapter11bankruptcy Movement Labs has taken a dramatic step by filing for Chapter 11 bankruptcy in Delaware, highlighting the heavy risks tied to crypto project restructuring. The developer behind the Movement blockchain reported assets between $100,000 and $500,000 against liabilities soaring up to $10 million. This financial collapse follows a turbulent period sparked by controversial market-making arrangements surrounding the MOVE token after its late 2024 debut. Internal investigations and leadership fallout, including the departure of co-founder Rushikesh Manche, ultimately strained the firm past its limits. While associated entities insist their operations remain untouched, this case serves as a stark reminder of the volatility plaguing token-backed startups. CLICK BELOW TO TRADE : $BTC $LAB $ETH {future}(LABUSDT) {spot}(ETHUSDT) {spot}(BTCUSDT)
#movementlabsfilesforchapter11bankruptcy

Movement Labs has taken a dramatic step by filing for Chapter 11 bankruptcy in Delaware, highlighting the heavy risks tied to crypto project restructuring. The developer behind the Movement blockchain reported assets between $100,000 and $500,000 against liabilities soaring up to $10 million.
This financial collapse follows a turbulent period sparked by controversial market-making arrangements surrounding the MOVE token after its late 2024 debut. Internal investigations and leadership fallout, including the departure of co-founder Rushikesh Manche, ultimately strained the firm past its limits. While associated entities insist their operations remain untouched, this case serves as a stark reminder of the volatility plaguing token-backed startups.

CLICK BELOW TO TRADE : $BTC $LAB $ETH
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Bearish
Verified
#movementlabsfilesforchapter11bankruptcy IMPORTANT CLARIFICATIONS 1. I am the CEO of Move Industries and Move Industries is the developer team of the Movement ecosystem 2. MVMT Labs filed for bankruptcy 3. MVMT Labs has no affiliation with Move Industries, thus Move Industries is not involved in the bankruptcy 4. Movement is now a global fintech company with access to live, licensed stablecoin rails, built to close the gap between how money moves and how it should move As a matter of fact I just returned from our East Africa trip where we met with the Central Bank of Ethiopia to discuss stablecoin adoption. $AAPL.US {stock_us}(AAPL.US) $SAMSUNG {future}(SAMSUNGUSDT) $SKHYNIX {future}(SKHYNIXUSDT)
#movementlabsfilesforchapter11bankruptcy
IMPORTANT CLARIFICATIONS

1. I am the CEO of Move Industries and Move Industries is the developer team of the
Movement
ecosystem

2. MVMT
Labs filed for bankruptcy

3. MVMT
Labs has no affiliation with Move Industries, thus Move Industries is not involved in the bankruptcy

4. Movement is now a global fintech company with access to live, licensed stablecoin rails, built to close the gap between how money moves and how it should move
As a matter of fact I just returned from our East Africa trip where we met with the Central Bank of Ethiopia to discuss stablecoin adoption.
$AAPL.US
$SAMSUNG
$SKHYNIX
Article
JUST IN: A crypto project that was once valued at3 billion dollars just filed for bankruptcy with less than 500,000 dollars in the bank. Movement Labs raised about 41 million dollars in real money from top funds, drove its token $MOVE to a peak market cap above 3 billion dollars, and 18 months later has a few hundred thousand dollars and a court date. The 3 billion was never real. Only the money that came in and the debt that stayed behind ever were. The failure was very well written into a contract before the token traded. Movement handed a market-maker called Rentech control of 66 million tokens, about 5% of the entire supply. The Foundation's own lawyers read the deal and called it possibly the worst agreement they had ever reviewed. It was signed anyway. So Rentech appeared on both sides of it, once as the outside trading firm and once as an agent of the Foundation itself, which is the textbook shape of self-dealing. Rentech denies any wrongdoing. The incentive then did exactly what it was built to do. The contract rewarded pushing the token toward a 5 billion dollar valuation and then selling. Within 24 hours of the December 2024 launch, all 66 million tokens hit the open market for a 38 million dollar profit. The price collapsed obviously. Binance flagged the trade and froze the money. Coinbase delisted the token. Co-founder Rushi Manche, who had forwarded the deal despite the warnings, was suspended and out by May 2026. One number exposes the model. The token that peaked at 1.45 dollars now trades near one cent. A 99% wipeout. The venture funds got equity and tokens on the way in. Retail bought this Shitcoin at the top and holds almost nothing now. The root cause runs deeper than one contract. A layer-2 blockchain is not a business with revenue. Movement's multi-billion-dollar valuation was never built on customers or cash flow. It was built on a token price, and the token price was built on belief. When a project's entire worth lives inside a coin that insiders and market makers can flood at will, the valuation is a rumor with a ticker. Rentech did not break the machine. It used it faster and more openly than the machine was meant to allow. The pieces form a repeatable pattern. Real money from serious funds comes in and gets counted as proof the thing is legitimate. A token launches with only a sliver of supply actually trading, so the headline market cap is enormous and almost entirely fictional. Insiders hold the real float. The moment that float moves, the fiction ends, and the buyers left holding are the retail investors who mistook a 3 billion dollar valuation for a 3 billion dollar company. This is exactly where a failure becomes a strategy worth watching. The bankrupt shell is only one entity. The team spun the actual blockchain into a separate company, pivoted it toward cross-border payments and stablecoin settlement, and kept it running while the old corporate wrapper went to court to absorb the debt. The chain lives. The liabilities die in Delaware USA. Even the fired co-founder is on both sides of the wreck, listed as a roughly 1.6 million dollar creditor while still holding around 34% of the equity. None of this makes crypto itself a fraud, and many teams build real products with real users and real revenue. But Movement is the cleanest live case of the specific machine that keeps breaking. Fund it with real cash, price it with a coin insiders can flood, count the paper valuation as validation, then watch the paper meet the reality of zero revenue and real bills. The filing lists liabilities up to 10 million dollars against a few hundred thousand in assets. A project the market once called 3 billion could not cover a 7-figure debt, because the 3 billion was a story. The debt and the court bill are the only real numbers left. $MOVE {future}(MOVEUSDT) #SuperMicroJumpsOver20%AfterHours #BitcoinETFsPostLongestInflowStreakSinceMay #MovementLabsFilesForChapter11Bankruptcy #OpenAIModelsHackHuggingFace

JUST IN: A crypto project that was once valued at

3 billion dollars just filed for bankruptcy with less than 500,000 dollars in the bank.
Movement Labs raised about 41 million dollars in real money from top funds, drove its token $MOVE to a peak market cap above 3 billion dollars, and 18 months later has a few hundred thousand dollars and a court date. The 3 billion was never real. Only the money that came in and the debt that stayed behind ever were.
The failure was very well written into a contract before the token traded. Movement handed a market-maker called Rentech control of 66 million tokens, about 5% of the entire supply. The Foundation's own lawyers read the deal and called it possibly the worst agreement they had ever reviewed. It was signed anyway. So Rentech appeared on both sides of it, once as the outside trading firm and once as an agent of the Foundation itself, which is the textbook shape of self-dealing. Rentech denies any wrongdoing.
The incentive then did exactly what it was built to do. The contract rewarded pushing the token toward a 5 billion dollar valuation and then selling. Within 24 hours of the December 2024 launch, all 66 million tokens hit the open market for a 38 million dollar profit. The price collapsed obviously. Binance flagged the trade and froze the money. Coinbase delisted the token. Co-founder Rushi Manche, who had forwarded the deal despite the warnings, was suspended and out by May 2026.
One number exposes the model. The token that peaked at 1.45 dollars now trades near one cent. A 99% wipeout. The venture funds got equity and tokens on the way in. Retail bought this Shitcoin at the top and holds almost nothing now.
The root cause runs deeper than one contract. A layer-2 blockchain is not a business with revenue. Movement's multi-billion-dollar valuation was never built on customers or cash flow. It was built on a token price, and the token price was built on belief. When a project's entire worth lives inside a coin that insiders and market makers can flood at will, the valuation is a rumor with a ticker. Rentech did not break the machine. It used it faster and more openly than the machine was meant to allow.
The pieces form a repeatable pattern. Real money from serious funds comes in and gets counted as proof the thing is legitimate.
A token launches with only a sliver of supply actually trading, so the headline market cap is enormous and almost entirely fictional. Insiders hold the real float. The moment that float moves, the fiction ends, and the buyers left holding are the retail investors who mistook a 3 billion dollar valuation for a 3 billion dollar company.
This is exactly where a failure becomes a strategy worth watching. The bankrupt shell is only one entity. The team spun the actual blockchain into a separate company, pivoted it toward cross-border payments and stablecoin settlement, and kept it running while the old corporate wrapper went to court to absorb the debt. The chain lives. The liabilities die in Delaware USA. Even the fired co-founder is on both sides of the wreck, listed as a roughly 1.6 million dollar creditor while still holding around 34% of the equity.
None of this makes crypto itself a fraud, and many teams build real products with real users and real revenue.
But Movement is the cleanest live case of the specific machine that keeps breaking. Fund it with real cash, price it with a coin insiders can flood, count the paper valuation as validation, then watch the paper meet the reality of zero revenue and real bills. The filing lists liabilities up to 10 million dollars against a few hundred thousand in assets. A project the market once called 3 billion could not cover a 7-figure debt, because the 3 billion was a story. The debt and the court bill are the only real numbers left.
$MOVE
#SuperMicroJumpsOver20%AfterHours #BitcoinETFsPostLongestInflowStreakSinceMay #MovementLabsFilesForChapter11Bankruptcy #OpenAIModelsHackHuggingFace
Verified
#movementlabsfilesforchapter11bankruptcy Movement Labs has officially filed for Chapter 11 bankruptcy protection in Delaware. The developer behind the Movement blockchain took this step following months of heavy turmoil, including a major market-making controversy tied to its MOVE token and leadership disputes. Court documents show the company listed liabilities of up to $10 million alongside smaller assets. Meanwhile, separate entities managing the broader Movement ecosystem have clarified that they continue to operate normally. The restructuring process will allow the firm to manage its debts under court supervision while the token's market struggles. CLICK BELOW TO TRADE : $LAB $BNB $BTC {spot}(BTCUSDT) {spot}(BNBUSDT) {future}(LABUSDT)
#movementlabsfilesforchapter11bankruptcy Movement Labs has officially filed for Chapter 11 bankruptcy protection in Delaware. The developer behind the Movement blockchain took this step following months of heavy turmoil, including a major market-making controversy tied to its MOVE token and leadership disputes. Court documents show the company listed liabilities of up to $10 million alongside smaller assets. Meanwhile, separate entities managing the broader Movement ecosystem have clarified that they continue to operate normally. The restructuring process will allow the firm to manage its debts under court supervision while the token's market struggles.

CLICK BELOW TO TRADE : $LAB $BNB $BTC
Anna love BNB:
Not great news for the ecosystem, hope the core team can restructure smoothly. Would like to hear how this affects the token roadmap.
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Bullish
#movementlabsfilesforchapter11bankruptcy At first, I thought it was just the usual market maker drama for an L2 project using Move language. Today, Movement Labs officially filed for Chapter 11 in Delaware. Assets only 100-500k USD, debts over 1 million, under 1,000 creditors. The story started with the MOVE token launch in December last year, followed by a market-making deal that allowed 66 million tokens to be dumped quickly, causing a sharp price drop. Binance then banned the related market maker accounts. The co-founder also left the company back in May. Now, Move Industries (the related entity) has pivoted to stablecoin payments and remittances since June. Meanwhile, Movement Labs has officially entered the restructuring process. Crypto is never short on drama, but cases with such clear legal confirmation like today's are rare. Who controls token distribution can sometimes matter as much as the tech itself. Those of you who farmed the Movement airdrop—what's your take now? What does this story remind you guys of? $MOVE {spot}(MOVEUSDT) $HBAR {future}(HBARUSDT) $JTO {future}(JTOUSDT)
#movementlabsfilesforchapter11bankruptcy
At first, I thought it was just the usual market maker drama for an L2 project using Move language.

Today, Movement Labs officially filed for Chapter 11 in Delaware. Assets only 100-500k USD, debts over 1 million, under 1,000 creditors.

The story started with the MOVE token launch in December last year, followed by a market-making deal that allowed 66 million tokens to be dumped quickly, causing a sharp price drop. Binance then banned the related market maker accounts. The co-founder also left the company back in May.

Now, Move Industries (the related entity) has pivoted to stablecoin payments and remittances since June. Meanwhile, Movement Labs has officially entered the restructuring process.

Crypto is never short on drama, but cases with such clear legal confirmation like today's are rare. Who controls token distribution can sometimes matter as much as the tech itself.

Those of you who farmed the Movement airdrop—what's your take now? What does this story remind you guys of?
$MOVE
$HBAR
$JTO
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Bullish
#movementlabsfilesforchapter11bankruptcy Movement Labs has filed for Chapter 11 bankruptcy . The company behind the Movement blockchain listed less than $500,000 in assets and more than 1 million in liabilities, following months of controversy surrounding its MOVE token launch, market-making allegations and internal governance disputes. Another reminder that hype alone isn't enough to build a sustainable blockchain. $MOVE {future}(MOVEUSDT) $EPIC {future}(EPICUSDT) $NBISB {spot}(NBISBUSDT)
#movementlabsfilesforchapter11bankruptcy
Movement Labs has filed for Chapter 11 bankruptcy
.

The company behind the
Movement
blockchain listed less than $500,000 in assets and more than 1 million in liabilities, following months of controversy surrounding its MOVE token launch, market-making allegations and internal governance disputes.

Another reminder that hype alone isn't enough to build a sustainable blockchain.
$MOVE
$EPIC
$NBISB
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Bullish
#movementlabsfilesforchapter11bankruptcy 🔴 Movement Labs files Chapter 11 after token scandal and strategic pivot Movement Labs, developer of the Movement blockchain, filed for Chapter 11 bankruptcy following months of turmoil tied to a controversial market-making deal. In April 2025, an investigation found the arrangement allowed 66 million MOVE tokens to be sold one day after launch, triggering a sharp price drop. Movement's foundation had questioned whether it was misled into the agreement by intermediary Rentech, linked to market maker Web3Port. $MOVE {spot}(MOVEUSDT) $OPN {future}(OPNUSDT) $ZAMA {future}(ZAMAUSDT)
#movementlabsfilesforchapter11bankruptcy
🔴
Movement Labs files Chapter 11 after token scandal and strategic pivot

Movement Labs, developer of the Movement blockchain, filed for Chapter 11 bankruptcy following months of turmoil tied to a controversial market-making deal. In April 2025, an investigation found the arrangement allowed 66 million MOVE tokens to be sold one day after launch, triggering a sharp price drop. Movement's foundation had questioned whether it was misled into the agreement by intermediary Rentech, linked to market maker Web3Port.
$MOVE
$OPN
$ZAMA
The harsh lesson from past cycles: bankruptcy headlines often hurt traders faster than the actual bankruptcy process does. When a project-related entity files Chapter 11, many people panic-sell first and understand later. Others do the opposite, buying the “blood” without checking whether token liquidity, unlocks, market makers, or ecosystem funding could be affected. Chapter 11 is not always liquidation. It usually means the company is trying to restructure under court protection, renegotiate obligations, and buy time. But in crypto, confidence is collateral. Once trust cracks, even good tech can trade like bad debt. I’ve seen this before across multiple cycles. In fearful markets, with sentiment sitting around 40 on the Fear & Greed Index, traders rush into perceived safety like $USDT or larger names like $ETH, while smaller narrative tokens get punished harder. If you’re watching $MOVE, the key is not just the filing headline, but whether builders keep building, liquidity holds, and communication stays transparent. The veteran move is simple: separate legal process from token risk. A restructuring can take months, but the market prices fear in minutes. Before reacting, check exposure size, exchange liquidity, vesting pressure, and whether the news changes the original reason you entered. What’s your take: is this just another painful cleanup phase for the industry, or a deeper warning for altcoin risk? #MovementLabsFilesForChapter11Bankruptcy #BitcoinReclaims #FedSeenHoldingRatesJuly29
The harsh lesson from past cycles: bankruptcy headlines often hurt traders faster than the actual bankruptcy process does.

When a project-related entity files Chapter 11, many people panic-sell first and understand later. Others do the opposite, buying the “blood” without checking whether token liquidity, unlocks, market makers, or ecosystem funding could be affected.

Chapter 11 is not always liquidation. It usually means the company is trying to restructure under court protection, renegotiate obligations, and buy time. But in crypto, confidence is collateral. Once trust cracks, even good tech can trade like bad debt.

I’ve seen this before across multiple cycles. In fearful markets, with sentiment sitting around 40 on the Fear & Greed Index, traders rush into perceived safety like $USDT or larger names like $ETH , while smaller narrative tokens get punished harder. If you’re watching $MOVE , the key is not just the filing headline, but whether builders keep building, liquidity holds, and communication stays transparent.

The veteran move is simple: separate legal process from token risk. A restructuring can take months, but the market prices fear in minutes. Before reacting, check exposure size, exchange liquidity, vesting pressure, and whether the news changes the original reason you entered.

What’s your take: is this just another painful cleanup phase for the industry, or a deeper warning for altcoin risk? #MovementLabsFilesForChapter11Bankruptcy #BitcoinReclaims #FedSeenHoldingRatesJuly29
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Bullish
Verified
#movementlabsfilesforchapter11bankruptcy 💸 Alright, it’s business time, folks! We thought it was just a rumor, but Movement Labs has truly filed for bankruptcy! 🤦‍♂️ After a string of drama where the market maker “shocked everyone” and dumped tokens, leading Binance to ban them, now MVMT Labs has officially filed for Chapter 11 bankruptcy protection. Looking at the balance sheet with debts over $1 million while assets are only a few hundred thousand dollars, MOVE token HODLers at this moment must be “sobbing” seeing no way out for their accounts! 🤔 What should traders do right now? 🛑 Absolutely DO NOT try to buy the dip. Don’t provide liquidity for others to dump. ⚠️ Stay alert to the risk that MOVE gets delisted in bulk across exchanges. 💪 Switch to holding safer plays, and turn off the app before you feel even more heartbreak. When installing a new Binance app, don’t forget to enter the VINHTOCDO code to get good luck and avoid the deadliest trap! 🚀 This is not financial advice. #MovementLabs #bankruptcy #TradingSignals #VINHTOCDO $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)
#movementlabsfilesforchapter11bankruptcy
💸 Alright, it’s business time, folks! We thought it was just a rumor, but Movement Labs has truly filed for bankruptcy! 🤦‍♂️
After a string of drama where the market maker “shocked everyone” and dumped tokens, leading Binance to ban them, now MVMT Labs has officially filed for Chapter 11 bankruptcy protection. Looking at the balance sheet with debts over $1 million while assets are only a few hundred thousand dollars, MOVE token HODLers at this moment must be “sobbing” seeing no way out for their accounts!
🤔 What should traders do right now?
🛑 Absolutely DO NOT try to buy the dip. Don’t provide liquidity for others to dump.
⚠️ Stay alert to the risk that MOVE gets delisted in bulk across exchanges.
💪 Switch to holding safer plays, and turn off the app before you feel even more heartbreak.
When installing a new Binance app, don’t forget to enter the VINHTOCDO code to get good luck and avoid the deadliest trap! 🚀
This is not financial advice.
#MovementLabs #bankruptcy #TradingSignals #VINHTOCDO
$BTC
$ETH
$BNB
#MovementLabsFilesForChapter11Bankruptcy 💸 Let’s get straight to the real stuff, guys! You thought it was just a rumor, but Movement Labs really filed for bankruptcy! 🤦‍♂️ After a series of Market Maker dramas that “surprised” everyone by dumping tokens—so much so that Binance excluded them—MVMT Labs has now officially filed for protection against bankruptcy under Chapter 11. Seeing the balance sheet: over 1 million dollars in debt, but only a few hundred thousand in assets—surely MOVE token HODLers are “crying rivers” realizing there’s nowhere to cash out! 🤔 What should a trader do at this point? 🛑 Above all, DO NOT rush into the dips. Don’t provide liquidity to others while they’re offloading. ⚠️ Watch out for the risk that the MOVE token could be massively delisted (removed) across multiple platforms. 💪 Instead, switch to safer bets, turn off the app to go to sleep and avoid too much heartache. 🚀 This is not financial advice. #MovementLabs #bankruptcy #TradingSignals $BTC {future}(BTCUSDT) $LAB {future}(LABUSDT) $XAUT {future}(XAUTUSDT)
#MovementLabsFilesForChapter11Bankruptcy
💸 Let’s get straight to the real stuff, guys! You thought it was just a rumor, but Movement Labs really filed for bankruptcy! 🤦‍♂️
After a series of Market Maker dramas that “surprised” everyone by dumping tokens—so much so that Binance excluded them—MVMT Labs has now officially filed for protection against bankruptcy under Chapter 11. Seeing the balance sheet: over 1 million dollars in debt, but only a few hundred thousand in assets—surely MOVE token HODLers are “crying rivers” realizing there’s nowhere to cash out!
🤔 What should a trader do at this point?
🛑 Above all, DO NOT rush into the dips. Don’t provide liquidity to others while they’re offloading.
⚠️ Watch out for the risk that the MOVE token could be massively delisted (removed) across multiple platforms.
💪 Instead, switch to safer bets, turn off the app to go to sleep and avoid too much heartache.
🚀
This is not financial advice.
#MovementLabs #bankruptcy #TradingSignals
$BTC

$LAB

$XAUT
#MovementLabsFilesForChapter11Bankruptcy Movement Labs, the core development entity behind the Movement blockchain, has officially filed for Chapter 11 bankruptcy protection under Subchapter V in Delaware. Court documents filed in mid-July reveal that the company stated its assets range from $100,000 to $500,000, alongside liabilities reaching $10 million across nearly 299 creditors. The filing comes after severe disruptions that began following the launch of the MOVE token in December 2024. Controversial market-making arrangements led to large-scale selling of the token, an internal investigation, and then the removal of co-founder Rushikesh Manche—who currently holds the largest unsecured claim exceeding $1.6 million. While Movement Labs is overseeing its restructuring under court supervision, separate entities such as Move Industries explained that they operate independently and are not affected by the proceedings. Please follow up Click below to trade: $BTC $XRP $LAB {alpha}(560x7ec43cf65f1663f820427c62a5780b8f2e25593a)
#MovementLabsFilesForChapter11Bankruptcy
Movement Labs, the core development entity behind the Movement blockchain, has officially filed for Chapter 11 bankruptcy protection under Subchapter V in Delaware. Court documents filed in mid-July reveal that the company stated its assets range from $100,000 to $500,000, alongside liabilities reaching $10 million across nearly 299 creditors.

The filing comes after severe disruptions that began following the launch of the MOVE token in December 2024. Controversial market-making arrangements led to large-scale selling of the token, an internal investigation, and then the removal of co-founder Rushikesh Manche—who currently holds the largest unsecured claim exceeding $1.6 million. While Movement Labs is overseeing its restructuring under court supervision, separate entities such as Move Industries explained that they operate independently and are not affected by the proceedings.

Please follow up

Click below to trade: $BTC $XRP $LAB
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Bullish
#movementlabsfilesforchapter11bankruptcy Movement Labs officially files for bankruptcy after many months of turmoil of MOVE What caught my attention most today is that Movement Labs—the blockchain Movement development unit—has officially filed a petition for Chapter 11 bankruptcy protection following a chain of scandals related to the MOVE token. Once considered one of the most promising Layer-2 projects, but only a few months later, everything nearly collapsed due to disputes surrounding the deal with a market maker, the large volume of tokens sold off, and the community’s severely diminished trust. In my view, this is clear proof that in crypto, even a project with good technology can still fail if governance is weak and there is a lack of transparency. After the FTX shock, investors now assess very carefully how the operating team is managed, rather than only looking at ideas or fundraising potential. I believe the Movement story will become a major lesson for many projects preparing to issue tokens in the coming time $MOVE {future}(MOVEUSDT) $COINB {spot}(COINBUSDT) $RKLBB {spot}(RKLBBUSDT)
#movementlabsfilesforchapter11bankruptcy
Movement Labs
officially files for bankruptcy after many months of turmoil of MOVE

What caught my attention most today is that
Movement Labs—the blockchain Movement development unit—has officially filed a petition for Chapter 11 bankruptcy protection
following a chain of scandals related to the MOVE token.

Once considered one of the most promising Layer-2 projects, but only a few months later, everything nearly collapsed due to disputes surrounding the deal with a market maker, the large volume of tokens sold off, and the community’s severely diminished trust.

In my view, this is clear proof that in crypto, even a project with good technology can still fail if governance is weak and there is a lack of transparency. After the FTX shock, investors now assess very carefully how the operating team is managed, rather than only looking at ideas or fundraising potential.

I believe the Movement story will become a major lesson for many projects preparing to issue tokens in the coming time
$MOVE
$COINB
$RKLBB
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Bearish
$ETH IS GONNA BLEED. 🩸 LISTEN TO ME BEFORE YOU LOSE EVERYTHING. Ethereum is not finished dumping. Everyone is celebrating every tiny bounce, but they are completely ignoring the massive unfilled imbalance below. There is a huge downside FVG sitting around $1,700–$1,600, and sooner or later, price will be dragged toward it. ETH may bounce, manipulate and trap late buyers on the way down but my broader target remains the same: $1,700 first. $1,600 ultimately. And remember, I didn’t start screaming bearish after the dump. I called the ETH short around $1,940–$1,962, while everyone else was expecting another pump. Now ETH has already fallen toward $1,910, TP1 has been smashed, and members are posting +56%, +85%, and even +405% ROI. 🔥 That is the difference between predicting the move and reacting after it happens. We positioned before the bloodbath. The crowd understood it after the candles turned red. Do not mistake a temporary bounce for a complete reversal. The lower FVG is still waiting and Ethereum has unfinished business down there. Manage risk. Use low leverage. DYOR. Futures trading is extremely risky. {future}(ETHUSDT) #ETHETFS #ETH🔥🔥🔥🔥🔥🔥 #MovementLabsFilesForChapter11Bankruptcy
$ETH IS GONNA BLEED. 🩸
LISTEN TO ME BEFORE YOU LOSE EVERYTHING.

Ethereum is not finished dumping.

Everyone is celebrating every tiny bounce, but they are completely ignoring the massive unfilled imbalance below. There is a huge downside FVG sitting around $1,700–$1,600, and sooner or later, price will be dragged toward it.

ETH may bounce, manipulate and trap late buyers on the way down but my broader target remains the same:

$1,700 first.
$1,600 ultimately.

And remember, I didn’t start screaming bearish after the dump. I called the ETH short around $1,940–$1,962, while everyone else was expecting another pump.

Now ETH has already fallen toward $1,910, TP1 has been smashed, and members are posting +56%, +85%, and even +405% ROI. 🔥

That is the difference between predicting the move and reacting after it happens.

We positioned before the bloodbath.
The crowd understood it after the candles turned red.

Do not mistake a temporary bounce for a complete reversal. The lower FVG is still waiting and Ethereum has unfinished business down there.

Manage risk. Use low leverage. DYOR. Futures
trading is extremely risky.

#ETHETFS #ETH🔥🔥🔥🔥🔥🔥 #MovementLabsFilesForChapter11Bankruptcy
Malik Jandreau hN1s:
Within the 4H timeframe, reversal signals are already starting, just like BTC… it needs to correct before continuing to rise; I’m also already in a short.
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Bearish
Hidden_AlPha:
This could be one of the cleanest shorts if confirmed.
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