Movement Labs Co-Founder Suspended Amidst MOVE Token Controversy

Rushi Manche, co-founder of Movement Labs, has been suspended amid a series of controversies surrounding the MOVE token. Coinbase’s delisting of the token sparked a significant 20% market drop. This action was followed by a community outcry regarding delayed rewards and lack of transparency from the company. The recent events have brought to light internal disputes within the organization, with Manche suggesting that ‘shadow decision-makers’ influenced these actions.