ChainCatcher message, Movement Labs stated on platform X that they have noted the media reports. Movement Labs and Movement Network Foundation have commissioned a third party to conduct a thorough review of the unusual situations involving market makers. The review of Groom Lake is still ongoing, and once all details are understood, the investigation results will be shared. Significant governance reforms will be made based on the review results to ensure that similar incidents do not occur in the future.

Previously, it was reported that Movement Labs is investigating the sell-off triggered by the control grant agreement of 66 million MOVE tokens.