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

Claim

Quotes that support claims

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.
Marc Piano, director of the foundation’s British Virgin Islands entity, also refused to sign.
Movement Foundation general counsel YK Pek and director Marc Piano react to Rentech