Coinbase will suspend trading of Movement's MOVE token, citing "recent reviews," following a CoinDesk investigation into market-making deals that experts said incentivized price manipulation. The token fell more than 13% on the trading suspension news, while the broader market gauge CoinDesk 20 Index rose 4.4%. Movement Labs is currently investigating how a market maker may have gained access to a significant number of its tokens, which were then dumped on retail investors, causing its price to tank
source: https://www.coindesk.com/markets/2025/05/01/movement-token-slumps-14-as-coinbase-suspends-trading