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TechFlow news, May 15 — According to CoinDesk, Movement Labs has been exposed for secretly committing, via undisclosed memorandums of understanding, up to 10% of the MOVE token supply to two "shadow advisors." Leaked internal documents reveal the company promised tokens worth over $50 million each to Sam Thapaliya and Vinit Parekh, transactions that were never disclosed to investors or the public.
According to CoinDesk, Movement Labs has been exposed for secretly committing, via undisclosed memorandums of understanding, up to 10% of the MOVE token supply to two "shadow advisors." Leaked internal documents reveal the company promised tokens worth over $50 million each to Sam Thapaliya and Vinit Parekh, transactions that were never disclosed to investors or the public.
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