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Movement Network Foundation: Unknowingly involved in market makers and having cut off all relationships, will use recycled funds to buy back MOVE
Editor
2025-03-25 16:01 1,847
According to the report, in response to Binance's release of measures to deal with market violations of the market maker of Movement (MOVE) project, the Movement Network Foundation stated that the Movement Network Foundation and Movement Labs had no idea about this and chose to cooperate with this market maker because they have supported projects in the Movement ecosystem, have cut off all relationships with the market maker (including ecosystem partnerships), and have contacted other major exchanges to inform them of the ongoing investigation. During the entire incident, the Movement Network Foundation actively cooperated with Binance and promised to use funds recovered from MM to repurchase $MOVE on the open market.
Keywords: Bitcoin
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