Audit log

Every state-changing event for Movement Labs: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions are designed to carry three independent witnesses — the original source, an Internet Archive snapshot, and a Solana memo signed by our publicly-disclosed publisher key. Archive coverage is still being backfilled, so each decision below reports its own snapshot status rather than assuming one exists.

1. #1publishby system:backfill

   2026-08-13 23:07:51Z
   Score: ? → ? (no score change)
   anchorpending

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   {"actor":"system:backfill","investigation_id":"55d1fe32-a031-48d1-80d0-26dae07d87a5","kind":"publish","page_slug":"movement-labs","published_at":"2026-08-13T23:07:51.896Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Movement Labs","sections":[{"content":"Movement Labs was founded in 2022 with a focus on applying Meta's Move programming language to blockchain infrastructure, initially as an Ethereum scaling solution. In April 2024, the company raised $38 million in a Series A round led by Polychain Capital, with participation from Hack VC and Robot Ventures. In early 2025, Movement Labs was reportedly targeting a $100 million Series B round at a $3 billion valuation, led by CoinFund with participation from Brevan Howard. The MOVE token launched on major exchanges in December 2024.","heading":"Background and Funding","severity":"low","sources":[{"credibility":2,"name":"Movement Labs Raises $38 Million in Series A — PR Newswire","type":"news_article","url":"https://www.prnewswire.com/news-releases/movement-labs-raises-38-million-in-series-a-to-bring-facebooks-move-to-ethereum-302126931.html"},{"credibility":2,"name":"Movement Labs Eyes $3 Billion Valuation With $100 Million Funding — PYMNTS","type":"news_article","url":"https://www.pymnts.com/news/investment-tracker/2025/blockchain-startup-movement-labs-eyes-3-billion-valuation-with-100-million-funding/"}]},{"content":"According to a CoinDesk investigation published April 30, 2025, Movement Labs' December 2024 MOVE token launch was preceded by a contested market-making arrangement involving a little-known intermediary called Rentech and Chinese market maker Web3Port. Internal documents reviewed by CoinDesk show that on November 25, 2024, Web3Port signed an agreement with Rentech, which represented itself as acting on behalf of Movement. On November 27, 2024, Rentech then proposed a separate market-making deal to the Movement Foundation. On December 8, 2024, the Movement Foundation signed a revised agreement with Web3Port through Rentech. Rentech appeared on both sides of the arrangement — simultaneously as a Web3Port subsidiary and as an agent of the Movement Foundation — raising concerns about conflicts of interest and self-dealing. The domain web3portrentech.io was reportedly registered the same day the original contract was signed. Movement Foundation general counsel YK Pek initially described the deal as 'possibly the worst agreement I have ever seen,' flagging that it would hand control of MOVE's circulating supply to a single unknown entity. Despite Pek's objections, a revised version of the agreement was signed. The contract included a profit-sharing clause under which Rentech and Web3Port would receive a 50-50 split of proceeds if MOVE's fully diluted valuation reached $5 billion before tokens were liquidated. Crypto researcher Zaki Manian, quoted by CoinDesk, stated the structure created 'incentives basically to manipulate the price…and then dump on retail for shared profit.' The investigation concluded these were alleged, not adjudicated, findings. Movement co-founder Cooper Scanlon told employees via Slack that Movement was 'a victim in this situation.'","heading":"The Rentech / Web3Port Market-Making Arrangement","severity":"critical","sources":[{"credibility":2,"name":"Inside Movement's Token-Dump Scandal: Secret Contracts, Shadow Advisers and Hidden Middlemen — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"credibility":3,"name":"Behind the Collapse of Movement Tokens: Secret Contracts and Double-Sided Market Making — AiCoin","type":"news_article","url":"https://www.aicoin.com/en/article/457530"},{"credibility":2,"name":"All the Wrong Moves — Rekt News","type":"news_article","url":"https://rekt.news/all-the-wrong-moves"}]},{"content":"On December 9, 2024, the MOVE token debuted on major centralized exchanges. One day after the listing, 66 million MOVE tokens — approximately 5% of total supply — were sold into the market via the Rentech/Web3Port arrangement, generating approximately $38 million in proceeds. The sell-off was executed with limited buy-side support, causing a sharp decline in the token's price. Binance subsequently banned the market-making account involved, citing 'misconduct,' and froze the proceeds from the token sales. The MOVE token's price fell precipitously following the event; by the time Movement Labs filed for bankruptcy in July 2026, the token was trading near $0.0108, down more than 94% from its peak.","heading":"The Token Dump: December 2024","severity":"critical","sources":[{"credibility":2,"name":"Inside Movement's Token-Dump Scandal — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"credibility":2,"name":"MOVE Token Buyback: A Strategic Response to Market Manipulation — OKX Europe","type":"news_article","url":"https://www.okx.com/en-eu/learn/move-token-buyback-market-manipulation"},{"credibility":3,"name":"Movement Labs Files for Bankruptcy — MOVE Token Crashes 94% — Bitcoin Foundation","type":"news_article","url":"https://bitcoinfoundation.org/news/crypto-companies-news/movement-bankcuprcy/"}]},{"content":"CoinDesk's investigation found that co-founder Rushi Manche forwarded the initial Rentech contract to the Movement Foundation via Telegram, prompting internal discussion of the arrangement. Manche has not publicly admitted to wrongdoing, and the investigation's findings regarding his precise role remain allegations rather than adjudicated findings. Separately, Sam Thapaliya — founder of crypto payment protocol Zebec and a business partner of Rentech owner Galen Law-Kun — reportedly acted as an informal adviser to Movement without holding an official position. Internal communications cited by CoinDesk indicate that Thapaliya was copied on emails regarding the market-making arrangement and that employees believed last-minute changes to decisions were 'probably coming from Sam.' Rentech owner Galen Law-Kun, for his part, alleged that Movement Foundation general counsel YK Pek had helped structure the Rentech arrangement, a claim Pek disputes. None of the allegations against Manche, Thapaliya, or Law-Kun have resulted in criminal charges or civil judgments as of August 2026.","heading":"Role of Rushi Manche and Sam Thapaliya","severity":"high","sources":[{"credibility":2,"name":"Inside Movement's Token-Dump Scandal — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"credibility":2,"name":"Movement Labs Bankruptcy Details and Market-Making Scandal — Cryptonomist","type":"news_article","url":"https://en.cryptonomist.ch/2026/07/22/movement-labs-bankruptcy/"}]},{"content":"On April 21, 2025, co-founder Cooper Scanlon notified employees that Movement Labs had commissioned an independent investigation by third-party firm Groom Lake to examine the market-making arrangement. On May 2, 2025, Movement Labs suspended Rushi Manche pending the investigation's outcome. Coinbase announced on May 1, 2025 that it would delist the MOVE token, stating it no longer met Coinbase's listing standards; trading was suspended on Coinbase on May 15, 2025. On approximately May 7–9, 2025, Movement Labs announced it had terminated Manche and rebranded its operating arm as Move Industries, appointing Torab Torabi as CEO and Will Gaines as President and Chief Marketing Officer. The Movement Network Foundation also announced a $38 million USDT strategic reserve buyback program intended to offset the market impact of the December token sales.","heading":"Internal Investigation and Leadership Overhaul","severity":"high","sources":[{"credibility":2,"name":"Movement Labs Suspends Rushi Manche Amid Coinbase Delisting — CoinDesk","type":"news_article","url":"https://www.coindesk.com/markets/2025/05/02/movement-labs-suspends-rushi-manche-after-coinbase-delists-move-token"},{"credibility":2,"name":"Movement Labs Terminates CEO Rushi Manche, Rebrands as Move Industries — The Defiant","type":"news_article","url":"https://thedefiant.io/news/people/movement-labs-terminates-ceo-rushi-manche-after-38m-move-sell-off-rebrands-move-2c563f85"},{"credibility":3,"name":"Coinbase Delists MOVE Token After Market Maker Scandal — ChainPlay","type":"news_article","url":"https://chainplay.gg/blog/coinbase-delist-move-token-crash/"},{"credibility":1,"name":"Move Industries Launches New Era for Movement — PR Newswire","type":"official","url":"https://www.prnewswire.com/news-releases/move-industries-launches-new-era-for-movement-302448093.html"}]},{"content":"A U.S. Department of Justice grand jury investigation into the MOVE token launch was confirmed through Delaware Court of Chancery proceedings. In a case styled Rushikesh Manche v. MVMT Labs, Inc. (C.A. No. 2025-1407-CDW), Magistrate Wright held that Manche was entitled to advancement of legal fees in connection with the DOJ investigation. The court rejected Movement Labs' contention that Manche was not entitled to advancement on the grounds that he 'initiated' the proceeding by having his counsel contact the DOJ. As of the July 2026 bankruptcy filing, no indictment, charges, or public enforcement action stemming from the DOJ investigation had been announced. The investigation remains ongoing as of August 2026, based on available public reporting.","heading":"DOJ Grand Jury Investigation","severity":"critical","sources":[{"credibility":1,"name":"Rushikesh Manche v. MVMT Labs, Inc. — Delaware Court of Chancery — Justia","type":"court_filing","url":"https://law.justia.com/cases/delaware/court-of-chancery/2026/c-a-no-2025-1407-cdw.html"},{"credibility":1,"name":"Delaware Court of Chancery Opinion — courts.delaware.gov","type":"court_filing","url":"https://courts.delaware.gov/Opinions/Download.aspx?id=392520"},{"credibility":2,"name":"Movement Labs Collapses Into Bankruptcy After MOVE Token Scandals — crypto.news","type":"news_article","url":"https://crypto.news/movement-labs-collapses-into-bankruptcy-token-scandals/"},{"credibility":2,"name":"Who Started It? Delaware Court of Chancery to Address DOJ Contact in Advancement Case — Sidley / Enhanced Scrutiny","type":"research","url":"https://ma-litigation.sidley.com/2026/05/who-started-it-delaware-court-of-chancery-to-address-whether-contacting-doj-is-initiating-a-proceeding-in-advancement-case/"}]},{"content":"On July 15, 2026, Movement Labs (legal entity: MVMT Labs, Inc.) filed a voluntary petition for Chapter 11 (Subchapter V) bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware. The filing reported assets between $100,001 and $500,000 against liabilities of up to $10 million, with approximately 299 creditors. The largest single unsecured creditor is former co-founder Rushi Manche, who holds a claim exceeding $1.6 million — primarily related to the legal fee advancement ordered by the Delaware Court of Chancery — while retaining a 34.25% equity stake in the company. Other creditors listed include the Delaware Division of Revenue ($459,000 claim), Anchorage Digital, Move Industries, and security auditor OtterSec. Move Industries, the separate operating entity created in May 2025 under CEO Torab Torabi, is not included in the bankruptcy filing and continues to operate the Movement blockchain. A creditors' meeting is scheduled for August 20, 2026, and the proof-of-claim deadline is September 14, 2026.","heading":"Chapter 11 Bankruptcy Filing","severity":"critical","sources":[{"credibility":2,"name":"Movement Labs Files for Chapter 11 Months After Token Scandal — CoinDesk","type":"news_article","url":"https://www.coindesk.com/policy/2026/07/21/movement-labs-files-for-chapter-11-months-after-token-scandal-and-strategic-overhaul"},{"credibility":2,"name":"Ousted Founder's $1.6 Million Claim Tops Movement Labs' Bankruptcy Filing — The Block","type":"news_article","url":"https://www.theblock.co/post/409151/ousted-founders-1-6-million-claim-tops-movement-labs-bankruptcy-filing"},{"credibility":2,"name":"Movement Labs Collapses Into Bankruptcy After MOVE Token Scandals — crypto.news","type":"news_article","url":"https://crypto.news/movement-labs-collapses-into-bankruptcy-token-scandals/"},{"credibility":2,"name":"From a $3B Valuation to Bankruptcy: Movement Labs Files Chapter 11 — CryptoTimes","type":"news_article","url":"https://www.cryptotimes.io/2026/07/22/from-a-3b-valuation-to-bankruptcy-movement-labs-files-chapter-11/"}]},{"content":"MOVE launched on exchanges in December 2024 and reached a peak market capitalization of approximately $2.5 billion in early 2025, according to Rekt News. Following the token dump scandal, the Coinbase delisting, and the bankruptcy filing, the token fell to approximately $0.0108 by July 2026, representing a decline of more than 94% from its peak. Retail investors who purchased MOVE at or near its launch price suffered significant paper losses. Coinbase suspended trading on May 15, 2025, citing failure to meet listing standards. The $38 million buyback fund announced by the Movement Network Foundation was intended to partially offset the price impact; the outcome of that buyback program had not been fully publicly accounted for as of August 2026.","heading":"Token Price Collapse and Retail Impact","severity":"high","sources":[{"credibility":2,"name":"All the Wrong Moves — Rekt News","type":"news_article","url":"https://rekt.news/all-the-wrong-moves"},{"credibility":3,"name":"MOVE Token Drops 20% as Movement Labs Suspends Co-Founder Amid Coinbase Delisting — CoinFomania","type":"news_article","url":"https://coinfomania.com/move-token-drops-20-as-movement-labs-suspends-co-founder-amid-coinbase-delisting/"},{"credibility":3,"name":"Movement Labs Files for Bankruptcy — MOVE Token Crashes 94% — Bitcoin Foundation","type":"news_article","url":"https://bitcoinfoundation.org/news/crypto-companies-news/movement-bankcuprcy/"}]},{"content":"Move Industries, incorporated as a distinct legal entity from MVMT Labs, Inc., was formed in May 2025 and is not a party to the Chapter 11 bankruptcy proceedings. Under CEO Torab Torabi, Move Industries announced in June 2026 a strategic pivot away from Ethereum layer-2 competition toward cross-border payments, stablecoin settlement, and financial infrastructure for emerging markets. The underlying Movement blockchain and its validation infrastructure continued operating through the bankruptcy period. Move Industries stated publicly that it was 'operating normally' and continuing development.","heading":"Move Industries: Successor Operations","severity":"low","sources":[{"credibility":1,"name":"Move Industries Launches New Era for Movement — PR Newswire","type":"official","url":"https://www.prnewswire.com/news-releases/move-industries-launches-new-era-for-movement-302448093.html"},{"credibility":2,"name":"Movement Labs Files for Chapter 11 Months After Token Scandal — CoinDesk","type":"news_article","url":"https://www.coindesk.com/policy/2026/07/21/movement-labs-files-for-chapter-11-months-after-token-scandal-and-strategic-overhaul"},{"credibility":2,"name":"Movement Creator MVMT Labs Files for Chapter 11 Bankruptcy — CryptoBriefing","type":"news_article","url":"https://cryptobriefing.com/movement-labs-files-for-chapter-11-bankruptcy-after-turbulent-year/"}]}],"sources_used":[{"credibility":2,"name":"Inside Movement's Token-Dump Scandal: Secret Contracts, Shadow Advisers and Hidden Middlemen — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"credibility":2,"name":"Movement Labs Files for Chapter 11 Months After Token Scandal — CoinDesk","type":"news_article","url":"https://www.coindesk.com/policy/2026/07/21/movement-labs-files-for-chapter-11-months-after-token-scandal-and-strategic-overhaul"},{"credibility":2,"name":"Movement Labs Suspends Rushi Manche Amid Coinbase Delisting — CoinDesk","type":"news_article","url":"https://www.coindesk.com/markets/2025/05/02/movement-labs-suspends-rushi-manche-after-coinbase-delists-move-token"},{"credibility":2,"name":"Ousted Founder's $1.6 Million Claim Tops Movement Labs' Bankruptcy Filing — The Block","type":"news_article","url":"https://www.theblock.co/post/409151/ousted-founders-1-6-million-claim-tops-movement-labs-bankruptcy-filing"},{"credibility":2,"name":"Movement Labs Terminates CEO Rushi Manche, Rebrands as Move Industries — The Defiant","type":"news_article","url":"https://thedefiant.io/news/people/movement-labs-terminates-ceo-rushi-manche-after-38m-move-sell-off-rebrands-move-2c563f85"},{"credibility":2,"name":"Movement Labs Collapses Into Bankruptcy After MOVE Token Scandals — crypto.news","type":"news_article","url":"https://crypto.news/movement-labs-collapses-into-bankruptcy-token-scandals/"},{"credibility":1,"name":"Rushikesh Manche v. MVMT Labs, Inc. — Delaware Court of Chancery — Justia","type":"court_filing","url":"https://law.justia.com/cases/delaware/court-of-chancery/2026/c-a-no-2025-1407-cdw.html"},{"credibility":1,"name":"Delaware Court of Chancery Opinion Download — courts.delaware.gov","type":"court_filing","url":"https://courts.delaware.gov/Opinions/Download.aspx?id=392520"},{"credibility":2,"name":"Who Started It? Delaware Court of Chancery to Address DOJ Contact in Advancement Case — Sidley / Enhanced Scrutiny","type":"research","url":"https://ma-litigation.sidley.com/2026/05/who-started-it-delaware-court-of-chancery-to-address-whether-contacting-doj-is-initiating-a-proceeding-in-advancement-case/"},{"credibility":2,"name":"All the Wrong Moves — Rekt News","type":"news_article","url":"https://rekt.news/all-the-wrong-moves"},{"credibility":2,"name":"MOVE Token Buyback: A Strategic Response to Market Manipulation — OKX Europe","type":"news_article","url":"https://www.okx.com/en-eu/learn/move-token-buyback-market-manipulation"},{"credibility":1,"name":"Move Industries Launches New Era for Movement — PR Newswire","type":"official","url":"https://www.prnewswire.com/news-releases/move-industries-launches-new-era-for-movement-302448093.html"},{"credibility":1,"name":"Movement Labs Raises $38 Million in Series A — PR Newswire","type":"official","url":"https://www.prnewswire.com/news-releases/movement-labs-raises-38-million-in-series-a-to-bring-facebooks-move-to-ethereum-302126931.html"},{"credibility":2,"name":"Movement Labs Eyes $3 Billion Valuation With $100 Million Funding — PYMNTS","type":"news_article","url":"https://www.pymnts.com/news/investment-tracker/2025/blockchain-startup-movement-labs-eyes-3-billion-valuation-with-100-million-funding/"},{"credibility":3,"name":"Coinbase Delists MOVE Token After Market Maker Scandal — ChainPlay","type":"news_article","url":"https://chainplay.gg/blog/coinbase-delist-move-token-crash/"},{"credibility":2,"name":"From a $3B Valuation to Bankruptcy: Movement Labs Files Chapter 11 — CryptoTimes","type":"news_article","url":"https://www.cryptotimes.io/2026/07/22/from-a-3b-valuation-to-bankruptcy-movement-labs-files-chapter-11/"},{"credibility":3,"name":"Movement Labs Bankruptcy: How a $141.4M Bet Ended in Collapse — CoinGabbar","type":"news_article","url":"https://www.coingabbar.com/en/crypto-currency-news/movement-labs-bankruptcy-how-a-1414m-bet-ended-in-collapse"},{"credibility":3,"name":"Behind the Movement Token Collapse: Secret Contracts and Double-Sided Market Making — AiCoin","type":"news_article","url":"https://www.aicoin.com/en/article/457530"}],"summary":"Movement Labs, the original development company behind the Movement blockchain and MOVE token, filed for Chapter 11 bankruptcy on July 15, 2026 in the U.S. Bankruptcy Court for the District of Delaware. The filing followed a prolonged crisis triggered by a December 2024 market-making arrangement in which 66 million MOVE tokens — approximately 5% of total supply — were sold into the market one day after the token's exchange debut, creating roughly $38 million in downward price pressure. A U.S. Department of Justice grand jury investigation into the token launch is ongoing as of mid-2026, and MOVE has lost over 94% of its peak value.","timeline":[{"date":"2022-01-01","event":"Movement Labs founded, focused on applying Meta's Move programming language to Ethereum infrastructure.","source":"PYMNTS / General reporting","source_url":"https://www.pymnts.com/news/investment-tracker/2025/blockchain-startup-movement-labs-eyes-3-billion-valuation-with-100-million-funding/"},{"date":"2024-04-25","event":"Movement Labs raises $38 million Series A led by Polychain Capital.","source":"PR Newswire","source_url":"https://www.prnewswire.com/news-releases/movement-labs-raises-38-million-in-series-a-to-bring-facebooks-move-to-ethereum-302126931.html"},{"date":"2024-11-25","event":"Web3Port signs agreement with Rentech, which represented itself as acting on behalf of Movement.","source":"CoinDesk investigation","source_url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"date":"2024-11-27","event":"Rentech proposes market-making agreement to Movement Foundation; general counsel YK Pek flags it as 'possibly the worst agreement I have ever seen.'","source":"CoinDesk investigation","source_url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"date":"2024-12-08","event":"Movement Foundation signs revised market-making agreement with Web3Port/Rentech. Domain web3portrentech.io reportedly registered on the same day as the original contract.","source":"CoinDesk investigation","source_url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"date":"2024-12-09","event":"MOVE token debuts on major exchanges including Binance.","source":"CoinDesk / Multiple outlets","source_url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"date":"2024-12-10","event":"66 million MOVE tokens (approx. 5% of supply) are sold into the market via the Rentech/Web3Port arrangement, generating approximately $38 million in proceeds. Binance bans the market-making account for misconduct.","source":"CoinDesk / OKX / Multiple outlets","source_url":"https://www.okx.com/en-eu/learn/move-token-buyback-market-manipulation"},{"date":"2025-01-01","event":"MOVE token peaks at approximately $2.5 billion market capitalization.","source":"Rekt News","source_url":"https://rekt.news/all-the-wrong-moves"},{"date":"2025-04-21","event":"Co-founder Cooper Scanlon notifies employees via Slack that Movement Labs has hired Groom Lake to conduct an independent investigation into the market-making arrangement.","source":"CoinDesk investigation","source_url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"date":"2025-04-30","event":"CoinDesk publishes its investigation: 'Inside Movement's Token-Dump Scandal: Secret Contracts, Shadow Advisers and Hidden Middlemen.'","source":"CoinDesk","source_url":"https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen"},{"date":"2025-05-01","event":"Coinbase announces it will delist the MOVE token, citing failure to meet listing standards.","source":"CoinDesk / FX Street","source_url":"https://www.coindesk.com/markets/2025/05/02/movement-labs-suspends-rushi-manche-after-coinbase-delists-move-token"},{"date":"2025-05-02","event":"Movement Labs formally suspends co-founder Rushi Manche.","source":"CoinDesk","source_url":"https://www.coindesk.com/markets/2025/05/02/movement-labs-suspends-rushi-manche-after-coinbase-delists-move-token"},{"date":"2025-05-07","event":"Movement Labs terminates Rushi Manche and rebrands its operating arm as Move Industries. Torab Torabi appointed CEO; Will Gaines appointed President and CMO.","source":"The Defiant / BeInCrypto","source_url":"https://thedefiant.io/news/people/movement-labs-terminates-ceo-rushi-manche-after-38m-move-sell-off-rebrands-move-2c563f85"},{"date":"2025-05-15","event":"Coinbase suspends trading of MOVE token.","source":"Coinbase / Multiple outlets","source_url":"https://chainplay.gg/blog/coinbase-delist-move-token-crash/"},{"date":"2025-07-09","event":"Rushi Manche files suit against MVMT Labs in the Delaware Court of Chancery (C.A. No. 2025-1407-CDW) seeking advancement of legal fees related to a DOJ grand jury investigation.","source":"Justia / The Defiant","source_url":"https://law.justia.com/cases/delaware/court-of-chancery/2026/c-a-no-2025-1407-cdw.html"},{"date":"2026-06-01","event":"Move Industries announces strategic pivot from Ethereum layer-2 to cross-border payments and stablecoin settlement infrastructure.","source":"CoinDesk","source_url":"https://www.coindesk.com/policy/2026/07/21/movement-labs-files-for-chapter-11-months-after-token-scandal-and-strategic-overhaul"},{"date":"2026-07-15","event":"MVMT Labs, Inc. files for Chapter 11 (Subchapter V) bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, listing $100,001–$500,000 in assets and up to $10 million in liabilities with approximately 299 creditors.","source":"CoinDesk / The Block / crypto.news","source_url":"https://www.coindesk.com/policy/2026/07/21/movement-labs-files-for-chapter-11-months-after-token-scandal-and-strategic-overhaul"},{"date":"2026-08-20","event":"Creditors' meeting scheduled in the Chapter 11 bankruptcy proceeding.","source":"crypto.news","source_url":"https://crypto.news/movement-labs-collapses-into-bankruptcy-token-scandals/"},{"date":"2026-09-14","event":"Court-mandated proof-of-claim deadline for creditors in the Movement Labs Chapter 11 proceedings.","source":"crypto.news","source_url":"https://crypto.news/movement-labs-collapses-into-bankruptcy-token-scandals/"}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision 0d207cc1-6baf-4b88-be9f-8e49223dd11fcopy