<ul><li>The Movement Network Foundation intends to buy back MOVE tokens using $38 million recovered from a market maker.</li><li>Binance offloaded the market maker due to market irregularities, freezing its proceeds and banning further market-making activities.</li><li>The market maker sold 66 million MOVE tokens and earned $38 million in Tether (USDT), which were frozen by Binance.</li><li>The recovered funds will be used by the Movement Network Foundation to establish a $38 million USDT buyback program and return liquidity to the Movement ecosystem.</li></ul>

Movement Network to buy back tokens with $38M recovered from rogue market maker

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