Movement Labs Axes Co-Founder After Market Maker Drama Erupts

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2025-05-02 05:33:41

Movement Labs Suspends Co-Founder Amid Market Maker Controversy

Another day, another crypto founder ’taking time to focus on family’—right after allegations of market manipulation surface. Movement Labs cuts ties with its co-founder following accusations of shady liquidity practices.

Sources whisper about wash trading and artificial volume pumping—because what’s Web3 without a little creative accounting? The company claims it’s ’reinforcing governance standards,’ but cynics note the timing coincides perfectly with BNB’s latest ATH.

Just another reminder: in crypto, the only movement that matters is capital fleeing toward exits.

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