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Movement Labs files for Chapter 11 bankruptcy months after token scandal and strategic overhaul

First reported July 21, 2026 by CoinDesk · covered by 9 sources

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Movement Labs files for Chapter 11 bankruptcy after turbulent year

Movement Labs files for Chapter 11 bankruptcy after turbulent year

Movement Labs has entered bankruptcy protection following months of instability surrounding its MOVE token launch and governance challenges. The post Movement Labs files for Chapter 11 bankruptcy after turbulent year appeared first on Crypto Briefing .

Jul 21, 2026 · byCryptoBriefing
Movement Labs Files for Chapter 11 Bankruptcy

Movement Labs Files for Chapter 11 Bankruptcy

The company behind the MOVE token filed a voluntary petition in Delaware listing up to $10 million in liabilities, capping a year of governance disputes, a market-making scandal and a failed strategic pivot.

Jul 21, 2026 · byThe Defiant
World’s Former Top Bitcoin Mining Pool Poolin Files Chapter 11

World’s Former Top Bitcoin Mining Pool Poolin Files Chapter 11

Poolin, once the world’s largest Bitcoin mining pool, filed for Chapter 11 bankruptcy protection on July 22 in New Jersey. The petition lists liabilities between $100 million and $500 million against assets of no more than $10 million. The Singapore-based company wants a court-supervised sale of its West Texas sites rather than a reorganization. A The post World’s Former Top Bitcoin Mining Pool Poolin Files Chapter 11 appeared first on BeInCrypto .

Jul 24, 2026 · byBeInCrypto