$MOVE Token Faces Delisting Amid Controversy
Coinbase announced it will suspend trading of the MOVE token on May 15, 2025, citing noncompliance with listing standards. This decision follows allegations of insider profit-taking and a delayed airdrop, which have raised concerns about the project’s integrity.  
The MOVE token, associated with Movement Labs, has seen a significant price drop of approximately 20% following the announcement. An ongoing investigation is examining a market-making agreement that allegedly allowed a middleman to control and sell a large portion of MOVE tokens, impacting the token’s value.  
As of now, Binance has not announced any plans to delist MOVE. However, investors are advised to stay informed and exercise caution. 
