A U.S. court has approved the settlement between Movement Labs and parties related to its former founder and foundation.

PANews October 16 news: Document No. 212 of the U.S. Bankruptcy Court for the District of Delaware shows approval of a settlement agreement among MVMT Labs (Movement Labs), parties related to former founder Rushikesh Manche, and foundation-related parties such as the Movement Network Foundation. The order relates to MVMT Labs' Chapter 11 bankruptcy case, and the specific settlement terms and the scope of claims waivers remain to be confirmed in the full document.