MOVE Collapse: Market Manipulation Unveils Huge Scandal

The MOVE token dropped to $0.24 after a market manipulation scandal led by Rentech, which gained significant control through a dubious deal with Movement Labs. The sudden sell-off of millions of tokens caused the price to crash, amid accusations of conflicts of interest within the project. In response, Binance banned the involved accounts and Movement launched a plan to buy back the tokens and restore trust.