Movement Labs Allocates $100 Million in MOVE Tokens Secretly to Advisors

A recent leak reveals that Movement Labs, a cryptocurrency startup, has secretly allocated over $100 million in its own token, MOVE, to two advisors, Sam Thapaliya and Vinit Parekh. These allocations were hidden from investors, public, and the company itself. This opacity raises concerns about transparency and potential industry malpractice as it could significantly impact the MOVE token’s price and investor confidence. )