Movement Network Foundation: It has no knowledge of the activities involving market makers and has cut off all relationships, and will use the recovered funds to buy back MOVE
Internet reports that in response to Binance's release of measures to deal with market violations by market makers in the Movement (MOVE) project, the Movement Network Foundation issued a document saying that the Movement Network Foundation and Movement Labs had no knowledge of this and chose to cooperate with this market maker because they have already supported projects in the Movement ecosystem and have now cut off all relationships with the market maker (including the Ecosystem Partnership) and contacted other major exchanges to inform them of the ongoing investigation that throughout the incident, the Movement Network Foundation actively worked with Binance and committed to using funds recovered from MM to buy back $MOVE on the open market.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.