Movement Labs dey face $50M lawsuit, Insider Token Allocations, and Coinbase Suspension over MOVE Token Dumping Scandal

Movement Labs, wey be di issuer of MOVE token and get support from World Liberty Financial, dey involved for big wahala wey concern undisclosed insider token allocations and internal gbege. Some leaked documents and internal memos show say up to 10% of di MOVE token supply dey secretly promise to early advisers like Sam Thapaliya and Vinit Parekh before dem launch am publicly. Investors no know dis arrangement, e cause gbege about transparency and governance. People dey accuse di advisers say dem dey dump token, cause di price fall sharply pass 80% since launch, then e drop another 50% during di scandal. Internal fight still deep, dem fire one co-founder, Rushi Manche, plus legal wahala with advisers wey dey find payment or contract enforcement. Di controversy also uncover somehow suspicious deals with Chinese market makers, e make di internal split worse, wey spoil investor confidence. Because of all dis, Coinbase suspend MOVE trading; token reach bottom around $0.15 and recently dey trade near $0.20. Dis story show di risk wey no get transparency, governance failure, and market manipulation fit cause for new altcoin project. E serve as big warning for crypto traders about insider work and possible token dump.