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May 2, 2025

Movement Labs Suspends Co-Founder After Market Maker Controversy – What Happens Next?

Movement Labs has officially announced the suspension of co-founder Rushi Manche following recent controversies surrounding a market maker deal he facilitated. This decision, shared via their May 2 X post, comes after Coinbase suspended trading for the Movement Network (MOVE), citing non-compliance with listing standards. As this story develops, stakeholders remain vigilant about potential reverberations in the crypto space and the implications for collaborative market behavior in the future. Investors should stay tuned as the situation unfolds.

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