{"id":24823,"date":"2025-05-02T04:16:39","date_gmt":"2025-05-02T04:16:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24823"},"modified":"2025-05-02T04:16:39","modified_gmt":"2025-05-02T04:16:39","slug":"movement-labs-suspends-rushi-manche-amid-coinbase-delisting-token-dumping-scandal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24823","title":{"rendered":"Movement Labs Suspends Rushi Manche Amid Coinbase Delisting, Token-Dumping Scandal"},"content":{"rendered":"<div>\n<p>Movement Labs announced today on X that it had suspended co-founder Rushi Manche.<\/p>\n<p>The move to suspend Manche comes as Coinbase <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/05\/01\/movement-token-slumps-14-as-coinbase-suspends-trading\">delisted the MOVE token<\/a>, after CoinDesk reported that Movement Labs is <a href=\"https:\/\/www.coindesk.com\/tech\/2025\/04\/30\/inside-movement-s-token-dump-scandal-secret-contracts-shadow-advisors-and-hidden-middlemen\">investigating<\/a> how a market maker tied to Web3Port acquired and dumped over 5% of the token\u2019s supply, triggering a price crash.<\/p>\n<p>Binance had previously banned the market maker at the center of this, Web3Port, from its platform.<\/p>\n<p>The MOVE token is down about 20% on the day, <a href=\"https:\/\/www.coindesk.com\/price\/move\">according to CoinDesk market data<\/a>.<\/p>\n<p><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Movement Labs announced today on X that it had suspended co-founder Rushi Manche. The move to suspend Manche comes as Coinbase delisted the MOVE token, after CoinDesk reported that Movement Labs is investigating how a market maker tied to Web3Port acquired and dumped over 5% of the token\u2019s supply, triggering a price crash. Binance had [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24823","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24823"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24823\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}