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Movement Labs Axes Rushi Manche Following Controversial MOVE Token Deals

Movement Labs Axes Rushi Manche Following Controversial MOVE Token Deals

Coindesk
Author:
Coindesk
Release Time:
2025-05-07 05:50:07
0

Movement Labs Terminates Rushi Manche After MOVE Token Deals

Another crypto exec gets the boot—this time for deals that probably looked better on a white paper than in reality. Movement Labs cuts ties with Rushi Manche after MOVE token transactions raise eyebrows.

Behind the scenes: The move (pun intended) comes amid tightening scrutiny on tokenomics and governance. Because nothing says ’decentralization’ like a sudden pink slip.

Finance jab: At least the token’s volatility wasn’t the only thing moving fast—careers in crypto still have a half-life shorter than a meme coin’s hype cycle.

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