Co-founder of Movement Labs, Rushi Manch, denied any direct connection with the Trump-backed DeFi project World Liberty Financial (WLFI), which purchased $MOVE tokens 2 hours before the mainnet launch announcement. 🤔
What happened?
▪️Jan 28 – WLFI buys MOVE via CoW Swap.
▪️10 minutes later – Reports emerge about Movement’s alleged talks with Elon Musk.
▪️Open interest in MOVE on Binance jumps from $25M to $100M.
💬 Manch insists the team did not gift tokens and had no talks with Musk or $DOGE .
Was this an insider trading scheme? 👀
