DeFi Intel

Ousted founder’s $1.6 million claim tops Movement Labs’ bankruptcy filing

Movement Labs' Chapter 11 filing in Delaware lists assets of $100,001 to $500,000 against liabilities running to several million and fewer than 1,000 creditors. Terminated co-founder Rushi Manche is the largest creditor with a claim of more than $1.6 million, ahead of the Delaware Division of Revenue and Anchorage Digital.

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