Movement Labs has been revealed to privately promised consultants to allocate up to 10% tokens

PANews reported on May 15 that according to CoinDesk, Trump's WLFi-backed cryptocurrency startup Movement Labs was revealed to have promised to allocate up to 10% of the total MOVE tokens to the two "shadow advisers" in an undisclosed agreement, involving more than $50 million in interests. Among them, Zebec Protocol CEO Sam Thapaliya was assigned 7.5%, known as the "shadow co-founder", and has threatened to file a lawsuit. Another consultant, Vinit Parekh, was also allocated 2.5% and received high compensation based on the amount of financing. The incident intensified the company's internal strife. One of the founders, Rushi Manche, has been fired, and Coinbase also announced the removal of MOVE tokens.