Summary
- It was reported that Lucy Manche, the founder of Movement, has been suspended.
- This decision was made following a third-party review related to governance issues and misconduct by the market maker.
- Movement is reported to be trading at $0.1999 on CoinMarketCap, down 20.54% from the previous day.
Lucy Manche, the founder of Movement (MOVE), who caused controversy by causing confusion in the market and disappearing, has reportedly been suspended.
On the 1st (local time), Movement announced on its official X (formerly Twitter) that "Lucy Manche has been suspended from Movement."
It further explained, "This decision is due to the ongoing investigation into governance issues and misconduct by the market maker (MM)."
Meanwhile, as of 11:54 AM on the 2nd (Korean time), Movement is trading at $0.1999 on CoinMarketCap, down 20.54% from the previous day.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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