Movement Labs Investigates MOVE Token Market Maker

MOVE Token in Turmoil as Co-Founder Vanishes, Probe Launched

Rushi Manche, co-founder of Movement Labs, is said to be on a brief leave amid scrutiny over unusual trading activity involving MOVE tokens. According to sources quoted by Blockworks, Manche did not attend a recent company offsite and was briefly inactive on internal communication platforms. His Slack account was reportedly deactivated before being restored this week. Although Manche has continued posting updates about Movement on social media, …

Movement Labs Investigates MOVE Token Market Maker

Movement Labs and the Movement Network Foundation have launched a formal internal investigation into market maker misconduct surrounding their native token, MOVE. It follows allegations that have rocked the project’s credibility and shaken investor confidence. Movement Labs Launches Investigation into MOVE Token Manipulation The investigation, now underway with support from a third-party review, follows Binance’s recent decision to ban an unname…