Pek, the foundation’s lawyer, flagged the document in an email as “[p]ossibly the worst agreement” he had ever seen. In a separate memo reviewed by CoinDesk, he warned that it would hand control of MOVE’s market to a single unknown entity.
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Inside Movement’s Token-Dump Scandal: Secret Contracts, Shadow Advisers and Hidden Middlemen
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YK Pek, Movement Foundation’s general counsel, described the Rentech contract as “possibly the worst agreement” he had ever seen and warned it would hand market control to an unknown entity, while Marc Piano, director of the Foundation’s British Virgin Islands entity, refused to sign
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