Someone is having serious problems with its Bitcoin holdings.

Datavault AI reported that it can’t withdraw its funds from the Biconomy exchange.

The funds have been locked up since last June.

As a result, the company has to revise four of its financial reports.

This is all related to a $150 million deal with Scilex.

The news hit the company’s stock price hard.

What do you find most concerning about this situation?

$BTC #Bitcoin #Datavault