Ousted founder’s $1.6 million claim tops Movement Labs’ bankruptcy filing
Ousted founder’s $1.6 million claim tops Movement Labs’ bankruptcy filing
Rushi Manche retained his 34.25% equity stake in Movement Labs after his termination following an investigation into the token launch dumping scandal.MVMT filed for bankruptcy earlier this month, reporting assets between $100,001 and $500,000 and liabilities of up to $10 million.