Movement Labs Part Ways with Co-founder, Restructures Leadership Amidst Internal Controversy

Movement Labs has parted ways with co-founder Rushi Manche following undisclosed transactions during the MOVE token launch. This action follows significant setbacks for the company and marks a new chapter led by Torabyou as CEO and livingwithwill as Chairman & CMO, prioritizing transparency and ethical practices. Documents revealed previously unrevealed payments and token allocations related to the MOVE token launch, ultimately prompting this pivotal decision. As a result, the MOVE token has experienced a notable decline, with its price falling over 35% in the past week, reflecting market concerns about the internal controversies.