Movement Labs suspends co-founder following MOVE market turmoil

Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered. Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events. ” The decision follows Coinbase's recent decision to suspend the Movement Network (MOVE) trading, citing the token’s failure to meet its listing standards source: https://cointelegraph.com/news/movement-labs-cofounder-suspended-over-market-maker-controversy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound