Rentech is said to have appeared on both sides of a market-making deal involving Web3Port and the Movement Foundation, once as a Web3Port subsidiary and once as an agent of the Foundation, a dual role that raised concerns about self-dealing and control of contract terms

Quotes that support claims

According to the report, a company called “Rentech” helped to broker the agreement between the two firms, appearing on both sides of the deal — as a Web3Port subsidiary and as an agent of the Movement Foundation.

The market-making contracts reviewed by CoinDesk show Rentech appeared in agreements on both sides of a deal with the Movement Foundation — once as an agent of the Movement Foundation and once as a Web3Port subsidiary — a setup that could theoretically allow the middleman to dictate terms and profit from its position in the middle.