Movement Labs faces scrutiny for undisclosed deals with early supporters, leading to concerns of misrepresentation and a 10.45% MOVE token drop.
Documents reveal Movement Labs allocated up to 10% of MOVE tokens to insiders, raising concerns about transparency and fairness.
MOVE token price plummets after Coinbase suspends trading amid concerns of market manipulation, increasing investor uncertainty.
Investors are closely monitoring Movement Labs as accusations and questions surrounding undisclosed agreements with early supporters continue to impact the company's credibility and the MOVE token's value.