Movement Labs Fires CEO, Rebrands as Move Industries After $2.5B MOVE Token Crash
Key Takeaways: Movement Labs has terminated CEO and co-founder Rushi Manche following allegations of market manipulation involving the MOVE token. Binance suspended its planned MOVE airdrop and Coinbase halted trading of the token amid mounting controversy. Movement Labs has rebranded as Move Industries, introduced a new leadership team, and plans tech upgrades to rebuild trust. … Read more