Movement Labs Suspends Co-Founder Amid Token Controversy
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Movement Labs has suspended co-founder Rushi Manche following a controversial token incident involving 66 million MOVE tokens being dumped on the open market. The decision comes as the company faces backlash over a market-making deal with Rentech, a shell company linked to Web3Port, which misrepresented its role. A third-party review by Groom Lake is underway to investigate the company’s governance and the events surrounding the token dump, which sparked both internal and public outrage.
FOMC Meeting May 7: Will Powell’s Speech Trigger Bitcoin Crash or Rally?
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Florida Drops Bitcoin Reserve Plans
The post Florida Drops Bitcoin Reserve Plans appeared first on Coinpedia Fintech NewsFlorida’s prop...
SEC’s May 12 Roundtable: BlackRock, Nasdaq, and Others to Discuss Tokenization & DeFi
The post SEC’s May 12 Roundtable: BlackRock, Nasdaq, and Others to Discuss Tokenization & DeFi appea...