MOVEUSDT Binance announced that a market maker associated with Movement (MOVE) was linked to another firm previously banned for misconduct. The entity dumped 66 million MOVE tokens on December 10, shortly after listing, with little buy-side support, and profited approximately $38 million USDT before its removal on March 18.
In response, the Movement Network Foundation has terminated all partnerships with the market maker, alerted other exchanges, and launched a $38 million buyback plan to support the ecosystem. The buyback will take place on Binance over the next three months
MOVEUSDT Trump family project World Liberty Financial purchased 609,000 MOVEs worth $469,000, which was the first time World Liberty Financial purchased MOVEs. Currently, World Liberty Financial holds about $389 million in cryptocurrencies
MOVEUSDT Binance announced that a market maker associated with Movement (MOVE) was linked to another firm previously banned for misconduct. The entity dumped 66 million MOVE tokens on December 10, shortly after listing, with little buy-side support, and profited approximately $38 million USDT before its removal on March 18.
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