Movement 'Shadow Advisor' exposes former co-founder obtaining 60 million Move tokens through insider airdrops
@movementlabsxyz 'Shadow Advisor' @sam_thapaliya today exposed former co-founder Cooper Scanlon for obtaining 60 million $Move tokens through insider airdrops. Sam stated that Cooper insisted on distributing the highest proportion of token airdrops to a group of 75,000 wallets, which were almost the only wallets capable of claiming, bundling, and selling over 60 million MOVE tokens. Cooper also instructed raising the GAS fees for claiming the airdrops, making it impossible for most retail investors to ever claim the airdrops.
However, Sam Thapaliya is not without fault either. Two previous business memos revealed that Movement Labs signed agreements with two shadow advisors (including Sam Thapaliya), promising up to 10% of the MOVE token supply (valued at over $50 million). Advisor Sam Thapaliya claims the agreement has not been terminated and is seeking legal avenues to recover 2.5% of the total token supply.
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