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Datavault AI Stock Plunges 50% Following Failed Biconomy Bitcoin Withdrawal Attempt

Datavault AI Stock Plunges 50% Following Failed Biconomy Bitcoin Withdrawal Attempt

Photo: Crypto Economy

TL;DR Datavault AI shares plunged nearly 50% after the company disclosed that it has been unable to withdraw its Bitcoin from the Biconomy exchange since June. The issue involves 1,309.04 BTC transferred through Biconomy as part of a $150 million investment agreement with Scilex Holding Company. Datavault AI will have to restate its financial statements, ... Read more

Source: Crypto Economy

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