As fallout deepened, Binance froze $38 million in proceeds and offboarded the offending market maker, accusing it of flooding the platform with sell orders and little buy support
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Movement Labs Terminates Co-Founder Rushi Manche Following Chaotic Week
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Binance, reacting to the controversial sale of 66 million Movement tokens by market maker Web3Port shortly after the token’s listing, offboarded the market maker and suspended $38 million in sale proceeds
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