Movement Labs Terminates Rushi Manche After MOVE Token Deals

Movement Labs, the development firm of the Movement network, has officially cut ties with co-founder Rushi Manche following controversy surrounding undisclosed MOVE token deals.The announcement came via the company’s X account early Tuesday, stating that “Movement Labs has terminated Rushi Manche’s employment and all affiliations with the company effective immediately.” It has yet to name a replacement or outline next steps for governance restructuring.The decision follows a CoinDesk report that first revealed secret agreements between Movement-linked entities and market makers during the project’s token launch source: https://www.coindesk.com/markets/2025/05/07/movement-labs-terminates-rushi-manche-after-move-token-deals