#MovementLabs Secret Token Deals Expose Internal Chaos


Movement Labs, backed by #Trump's World Liberty Financial, offered up to 10% of $MOVE tokens to undisclosed shadow advisers.


Leaked documents reveal signed agreements promising two advisers millions in tokens that were never disclosed to investors or the public.


One adviser, Sam Thapaliya, referred to internally as a "shadow co-founder," plans legal action to claim #tokens worth over $50 million.


The revelations have sparked a public rift between co-founders Rushi Manche and Cooper Scanlon following Movement's market-making scandal.


Manche was terminated this month, while Scanlon stepped back from his CEO role but remains with the company.


The controversy has severely damaged Movement's reputation, with #Coinbase suspending $MOVE trading on May 15, causing the token to drop 50% in value.


These hidden agreements reflect a troubling #crypto industry pattern where significant financial commitments are made behind closed doors.

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May 15, 2025 at 6:23 PM
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