Online reported that Binance issued an announcement saying that it had found a connection between a market maker in the Movement (MOVE) project and another market maker that Binance recently banned continued market-making activities on the platform due to improper behavior. According to the announcement, the market maker's abnormal behaviors include: one day after the launch of MOVE (2024-12-10), the market maker sold about 66 million MOVE tokens, with almost no support for paying the bill. Before the cooperation was terminated by Binance on 2025-03-18, the market maker had earned a net profit of approximately USDT. In order to protect the interests of users, Binance has taken the following measures: it has notified Movement Labs and Movement Foundation teams about the abnormal behavior of its market maker; frozen the market maker's income for subsequent compensation to users (the specific compensation plan will be subsequently determined and announced by the project party); Terminate cooperation with the market maker and prohibit it from conducting any further market making activities on Binance Platform.