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KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
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📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
Movement Labs Token allocation controversy: Advisors exposed to receive 10% MOVE tokens
According to the Gate.io News bot, reports from CoinDesk reveal that two obtained business memorandums show that Movement Labs secretly allocated up to 10% of the MOVE Token supply to consultants.
According to leaked documents, consultants Sam Thapaliya and Vinit Parekh received token allocations of 5% and 2.5%, respectively, with a total value exceeding $50 million. Insiders refer to Thapaliya as the "shadow co-founder," and he is currently preparing to take legal action to claim his tokens.
Movement Labs responded that the relevant agreement is not binding. Following this incident, co-founders Rushi Manche and Cooper Scanlon have publicly expressed their differences.