Inside Movement’s Token-Dump Scandal: Secret Contracts, Shadow Advisors and Hidden Middlemen

A financial deal was supposed to help launch the MOVE crypto token.Instead, it led to a token-dumping scandal, a Binance ban, and behind-the-scenes infighting. Contracts obtained by CoinDesk help explain where it all went wrong. Movement, the blockchain project behind the MOVE cryptocurrency, is investigating whether it was deceived into signing a financial agreement that granted a single entity outsized control over the market for its token, according to internal documents reviewed by CoinDesk source: https://www.coindesk.com/tech/2025/04/30/inside-movement-s-token-dump-scandal-backroom-deals-shadow-advisors-and-secret-middlemen