According to reports from Wu, Movement Labs is investigating whether they were misled into signing a market-making agreement that granted an intermediary control over 66 million MOVE tokens, leading to a $38 million sell-off after the token's debut. Rentech appeared twice in the transaction, once as a subsidiary of Web3Port and once as an agent for the Movement Foundation. Foundation officials stated that this agreement might be the 'worst agreement' they have ever seen, incentivizing people to inflate the price of MOVE before selling the tokens to retail investors.