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Home > Unchained > How MOVE’s Contracts Put a Pump and Dump Into a Legal Agreement - Ep. 828
Podcast: Unchained
Episode:

How MOVE’s Contracts Put a Pump and Dump Into a Legal Agreement - Ep. 828

Category: Society & Culture
Duration: 00:45:20
Publish Date: 2025-05-02 13:00:00
Description:

The MOVE token collapse sparked one of the most damning investigations in the industry this year.

In this episode of Unchained, investigative journalist Sam Kessler joins Laura Shin to walk through the contracts, questionable market-making deals, and finger pointing inside Movement Labs. From Binance’s ban to a Trump-affiliated crypto deal, this story unearths how the MOVE token collapse was the product of what looks like a pump-and-dump plan written out in legal contracts.

Plus:

  • How insiders structured deals to profit from artificial price spikes

  • How this could have happened with a project backed by some of crypto’s most reputable VCs

  • What this saga says about token launches, regulation, and market integrity

  • And whether Movement Labs can (or should) be trusted to investigate itself

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

  • Sam Kessler, Deputy Managing Editor for Tech and Protocols at CoinDesk


Timestamps:

0:00 Introduction

️‍️ 1:52 Initial details of the scandal

️ 6:20 Conflicts of interest at Movement Labs and who knew what

8:42 Why 5% of tokens = 50% of supply and why that’s wild

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