Movement Labs said in a statement posted to X after the publication of this article that it was "aware of the CoinDesk story" and that it, alongside the foundation, had "commissioned an exhaustive third-party review" which was ongoing.
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Inside Movement’s Token-Dump Scandal: Secret Contracts, Shadow Advisers and Hidden Middlemen
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Movement Labs and its foundation launched a third-party investigation into the market-making deal on April 21, 2025, led by Groom Lake, an independent cybersecurity and intelligence firm
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