Movement Labs Takes Action: Co-Founder Rushi Manche Terminated Over Alleged Market Manipulation

Movement Labs, the team behind the MOVE ecosystem, has made a significant decision regarding its leadership structure following allegations of market-making irregularities involving co-founder Rushi Manche. The project announced on X (formerly Twitter) that it has terminated Manche’s position after he was placed on suspension pending an internal investigation into potential misconduct. [This paragraph can be rewritten to emphasize the lack of further information or potentially vague details, as it may be unclear and subject to change]. Movement Labs is taking a proactive approach to address this situation with a focus on transparency and accountability.