
冰蛙|Mar 30, 2025 12:54
Repurchase is fake, shipment is real? When will Movement continue to deceive?
In a previous post, after Binance removed the Movement market maker, the project party promised to repurchase. I once raised a question: was the project party aware of the market maker's actions? Due to the lack of further evidence, there was no in-depth exploration at that time.
Today, it is becoming increasingly clear that Movement is likely to collude with market makers, manipulate the market together, deceive users' trust, and then ship wildly! In other words, this' repurchase 'is likely a scam orchestrated and staged by the project party!
The project party has vowed to repurchase $38 million worth of tokens in an attempt to create "positive" expectations, stabilize market sentiment, and attract users to increase their holdings. However, just a few days later, these tokens were quickly transferred to Coinbase, almost confirming their entry into the selling phase.
There is only one reasonable explanation for such a short time interval - after the team's credit was completely bankrupt, they no longer concealed themselves and began to cut leeks without any bottom line!
Scammers will eventually come to light, and as an industry leader, Binance should continue to take action! The farce of Movement reminds people of too many past fraud cases. Repurchase is fake, shipment is genuine; The project is fake, harvesting leeks is real! They don't care how far the project can go, nor do they care about how the community develops. Their only goal is to cut each other's teeth.
The market cannot continue to tolerate such behavior! We cannot prevent the birth of scammers, but we can expose their scams as early as possible. If Binance continues to allow MOVE transactions, does it mean it is willing to endorse this scam? This is a question that the exchange must answer!
Now is the time for the market to respond, and we strongly recommend Binance to immediately remove MOVE tokens to prevent more users from suffering losses!
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