caught up with @Leozayaat and @skesslr's comments while scrolling $MOVE on elfa
would be cool to have a like button so I can auto-like their tweets
found this through elfa, gonna binge now
How MOVEās Contracts Put a Pump and Dump Into a Legal Agreement
šµļøāāļø A contract allowing insiders to dump tokens at peak price.
A āshadow co-founder.ā
Lawyers pointing the finger at each other.
@skesslr joins @Unchained_pod to dissect the MOVE scandal. And why it matters for all of crypto.
Timestamps:
šµļøāāļø 1:52 Initial details of the scandal
āļø 6:20 Conflicts of interest at Movement Labs and who knew what
š„ 8:42 Why 5% of tokens = 50% of supply and why thatās wild
š§¾ 13:14 How a lawyer called the deal āthe worst agreement Iāve ever seenā
š« 18:41 Why Binance banned Web3Port after suspicious trading
š§© 20:38 The web of key players: founders, shadow advisors, and middlemen
š§ 25:51 A theory on treasury selling and token price manipulation
š 27:49 Can Movement Labs investigate itself, and will anyone trust the outcome?
š 29:39 Why Coinbase is suspending MOVE and what that signals
šŗšø 30:47 How Trumpās crypto arm is tangled up in the MOVE ecosystem
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