Allegations of market manipulation involving Movement Labs and Mantra have shaken the cryptocurrency industry, leading to significant price drops for several tokens and raising concerns about transparency within market-making practices. 💰 Key players at Movement Labs are facing accusations of orchestrating $38 million in token sales of MOVE without proper disclosure. 🤫 This has led to a massive devaluation of both MOVE and OM tokens, with exchanges like Coinbase delisting them. 📉 Furthermore, leaked documents reveal that the company pledged significant token supply allocations to shadow advisors. 💡 Experts warn that this event underscores the importance of market transparency and increased trust between market makers and project teams. 🤝