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News Explorer — Movement Labs Suspends Co-founder Over Controversial Token Arrangement

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May 2, 5:33 am
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Movement Labs Suspends Co-founder Over Controversial Token Arrangement

Movement Labs suspended co-founder Rushi Manche amid a governance probe after Rentech dumped 66 million MOVE tokens. The Foundation believed it was contracting Web3Port for liquidity, but Rentech misrepresented its role.

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