Datavault AI Reports Bitcoin Access Problems, Shares Fall
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Datavault AI says it cannot withdraw Bitcoin held at Biconomy and plans to restate four financial reports linked to a $150 million Scilex deal.
Datavault AI disclosed that it has been unable to withdraw its Bitcoin from Biconomy since June, according to Decrypt. Its shares fell following the disclosure.
The company also said it would restate four financial reports connected to a $150 million deal with Scilex.
The available details do not explain why the withdrawals have been blocked or when access could be restored. They also do not specify the changes required in the financial reports.
Source: Decrypt
