Movement Foundation reportedly signed a revised market-making agreement with Rentech on December 8, 2024, that preserved core provisions granting token access, despite internal objections

Event date

December 8, 2024

Quotes that support claims

On December 8, the Movement Foundation agreed to a modified version of the market-making contract that removed some of the provisions most troubling to the foundation

Among the changes: the new deal eliminated a clause that would have allowed Web3Port to sue Movement Foundation for damages if the MOVE token failed to list on a specific crypto exchange.

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Week 50 of 2024