Movement Labs Secretly Promised Advisers Millions in Tokens, Leaked Documents Show

Movement Labs, the scandal-plagued crypto startup backed by Donald Trump’s World Liberty Financial, quietly promised large stakes of its token to early insiders—undisclosed deals that now raise fresh questions about who really holds power behind the scenes.Even before its token launch, Movement Labs committed large portions of MOVE’s supply to a handful of early advisers — arrangements that were never disclosed to investors and only surfaced through internal documents reviewed by CoinDesk.Two business memos obtained by CoinDesk — one promising a single adviser nearly $2 million a year — show how Movement, founded in 2023 by two 20-year-old Vanderbilt dropouts, leaned heavily on these advisers to gain a foothold in the crypto industry.Movement Labs said the agreements, dated shortly after the project's founding, were exploratory in nature and non-binding source: https://www.coindesk.com/tech/2025/05/15/movement-labs-secretly-promised-advisers-millions-in-tokens-leaked-documents-show