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MOVE token plunges to all-time low after Coinbase delisting and market-making controversy
Coinbase has announced it will delist MOVE amid a $38M token dump controversy. MOVE price has hit a record low, down 84% from the December 2024 peak. Movevent Labs co-founder Rushi Manche has been suspended amid a governance and audit probe. The MOVE token of the Ethereum-based Movement Network has tumbled to unprecedented depths following […] The post MOVE token plunges to all-time low after Coinbase delisting and market-making controversy appeared first on CoinJournal.
- Coinbase has announced it will delist MOVE amid a $38M token dump controversy.
- MOVE price has hit a record low, down 84% from the December 2024 peak.
- Movevent Labs co-founder Rushi Manche has been suspended amid a governance and audit probe.
The MOVE token of the Ethereum-based Movement Network has tumbled to unprecedented depths following Coinbase’s announcement of its imminent delisting on May 15, 2025.
We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on recent reviews, we will suspend trading for Movement (MOVE) on May 15, 2025, on or around 2 PM ET.
— Coinbase Assets
