- Binance identified a market maker for the Movement (MOVE) project engaging in one-sided selling, dumping 66 million tokens for a $38 million profit shortly after listing in December 2024, violating liquidity rules.
- The market maker, previously linked to another banned entity, was offboarded on March 18, 2025, with all proceeds frozen to compensate affected users.
- Movement Foundation plans to use the recovered $38 million for a buyback program to stabilize MOVE token prices over the next three months.
#BinanceAlphaAlert #DogecoinReserve #VoteToListOnBinance #binanceEarnYieldArena #MtGoxTransfers $BTC $BNB $MOVE