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
14.61K
13
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.