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Movement Labs rebrands amid MOVE token crash and Binance delisting fears

  • Movement Labs rebrands as Move Industries following co-founder's removal, amid concerns over MOVE token crash and Binance delisting.
  • Leadership shake-up and rebranding aim to restore investor confidence post-alleged market manipulation and governance issues.
  • New leadership at Move Industries includes Torab Torabi as CEO and Will Gaines as president, emphasizing transparency and community involvement.
  • MOVE token faces significant value drop, losing 87% since December 2024 peak, with Binance placing a 'Monitoring Tag' over compliance concerns.

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