Movement Labs Suspends Co-Founder Rushi Manche Amid Market-Making Scandal

Catenaa, Thursday, May 08, 2025-Movement Labs has suspended its co-founder, Rushi Manche, following the ongoing investigation into a market-making scandal involving its MOVE token. The suspension came as the company awaits the results of a third-party review conducted by Groom Lake regarding governance issues and the controversial actions of a market maker. The controversy began […] source: https://investors.catenaa.com/news/movement-labs-suspends-co-founder-rushi-manche-amid-market-making-scandal