FlipStink
$SCLX $PHOE $DVLT and Semnur and Vivasor:
Ji also sold $200 million dollars worth of Semnur shares to Biconomy. Biconomy paid with Bitcoin.
Biconomy has stated that its platform continues to operate normally (deposits, withdrawals, and trading) and that it has not received formal correspondence or legal notices concerning the recent matter with DataVault.
The active reported problem is Datavault’s restricted access to the Bitcoin held at Biconomy, which has created accounting, liquidity, and going-concern questions for Datavault.
In short, as of the latest available information, the restriction is reported only as an inability to complete the requested withdrawal, without a stated cause. Any specific explanation (operational issue at Biconomy, dispute, counterparty instruction, or other factor) remains undisclosed in public filings.
Mystery: There is a cause for this restricted access, and no one wants to explain why.
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