Movement Labs, the team behind the Move language-based blockchain, has announced a delay in the MoveDrop schedule. The decision stems from unforeseen security vulnerabilities and governance challenges that emerged during the initial rollout. According to an official statement on X, the delay is attributed to "abnormal behavior by market makers, governance changes, and Sybil (multi-account) attacks." Movement Labs emphasized their commitment to addressing these issues thoroughly. Fortunately, the team has successfully recovered a significant portion of the tokens compromised by the Sybil attacks. These recovered tokens will be redistributed to the community and ecosystem following the revised MoveDrop launch. Movement Labs is actively restructuring its governance framework to prevent similar incidents from occurring in the future. They have pledged to keep the community informed about their progress as they refine the MoveDrop distribution process. While a new launch date hasn't been specified, the team's focus remains on ensuring a secure and equitable token distribution. ```