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Movement Labs Goes Bankrupt After $141M Raise and Near-Zero Revenue
Published 2 weeks ago
Description
Movement Labs raised $141M for its Move-based network and is now bankrupt with almost no revenue, per WuBlockchain and DeFiLlama data. Here is what went wrong.
Read the full article: https://www.spendnode.io/blog/movement-labs-bankruptcy-141m-raise-near-zero-revenue-july-2026/