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Binance Cracks Down on Market Manipulation, Bans “Movement” (MOVE) Project Market Maker
- Binance penalizes a MOVE market maker linked to previous misconduct.
- The market maker allegedly profited by manipulating MOVE token trades.
- Movement Labs plans to buy back $38 million worth of tokens to compensate affected users.
- Binance freezes the market maker's funds and redistributes them to affected users.
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