Movement Network to buy back tokens with $38M recovered from rogue market maker
CoinTelegraph •
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Movement Labs, backed by Trump’s World Liberty Financial, secretly promised early insiders access to up to 10% of its token supply without disclosing this arrangement to investors, according to documents obtained by CoinDesk.
𝕏/@skesslr ·
Movement Labs parts ways with co-founder Rushi Manche, rebrands as Move Industries under fresh leadership, while Binance postpones the second HODLer airdrop for MOVE holders.
𝕏/@moveindustries ·
"Was the Movement community revolution an extraction scheme in disguise? Middlemen helped insiders dump 66M tokens for $38M profit before blaming market makers" - Rekt investigates
rekt.news ·
Movement Labs founder Rushi Manche has been suspended from his position and an investigation into his conduct is being conducted by Groom Lake
𝕏/@movementlabsxyz ·
Movement, backed by Trump's World Liberty Financial, says it was duped into an agreement that experts say incentivized price manipulation.
𝕏/@Coindesk ·
Movement Labs and Movement Network are conducting an investigation following last month’s market maker issues, Blockworks claim that according to multiple sources they've spoken to, co-founder Rushi Manche took a temporary leave from the company for an undetermined amount of time
Blockworks ·
Movement Labs, backed by Trump’s World Liberty Financial, secretly promised early insiders access to up to 10% of its token supply without disclosing this arrangement to investors, according to documents obtained by CoinDesk.
𝕏/@skesslr ·
Movement Labs parts ways with co-founder Rushi Manche, rebrands as Move Industries under fresh leadership, while Binance postpones the second HODLer airdrop for MOVE holders.
𝕏/@moveindustries ·
"Was the Movement community revolution an extraction scheme in disguise? Middlemen helped insiders dump 66M tokens for $38M profit before blaming market makers" - Rekt investigates
rekt.news ·
Movement Labs founder Rushi Manche has been suspended from his position and an investigation into his conduct is being conducted by Groom Lake
𝕏/@movementlabsxyz ·
Movement, backed by Trump's World Liberty Financial, says it was duped into an agreement that experts say incentivized price manipulation.
𝕏/@Coindesk ·
Movement Labs and Movement Network are conducting an investigation following last month’s market maker issues, Blockworks claim that according to multiple sources they've spoken to, co-founder Rushi Manche took a temporary leave from the company for an undetermined amount of time
Blockworks ·