CryptoDewa
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**Binance Cuts Ties with Rogue Market Maker!** 🚀
- Binance is at it again! This time, they cut ties with a rogue market maker. Within 24 hours of listing, the market maker sold a large amount of MOVE tokens, raking in $38 million USDT in profits.
- Turns out, this isn’t the first time! The same entity also engaged in similar actions with GPS and SHELL tokens. Luckily, Binance acted quickly and froze the proceeds to compensate users.
- The Movement Foundation, who was initially unaware, is now moving quickly. They plan to buy back MOVE with the recovered funds.
- The good news is, MOVE’s price is up 6%! Is this a good sign for the future? Let’s discuss in the comments!
- Binance is at it again! This time, they cut ties with a rogue market maker. Within 24 hours of listing, the market maker sold a large amount of MOVE tokens, raking in $38 million USDT in profits.
- Turns out, this isn’t the first time! The same entity also engaged in similar actions with GPS and SHELL tokens. Luckily, Binance acted quickly and froze the proceeds to compensate users.
- The Movement Foundation, who was initially unaware, is now moving quickly. They plan to buy back MOVE with the recovered funds.
- The good news is, MOVE’s price is up 6%! Is this a good sign for the future? Let’s discuss in the comments!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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