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@cryptoblender
Binance has officially blocked the Movement (MOVE) market maker for unfair practices. What happened? On December 10, 2024 (a day after MOVE’s listing), the market maker dumped 66M MOVE with almost no buy support, profiting $38M before Binance shut them down on March 18, 2025. Binance froze the funds, and now Movement must decide how to compensate affected users. What does this mean? The market maker intentionally dumped MOVE’s price for profit. Binance removed them to stop further manipulation. Movement is under pressure to explain and regain trust. Compensation is possible but depends on the project, not Binance. Conclusion Movement’s team likely knew but now plays innocent. Binance is protecting its reputation. MOVE holders should watch for updates. Asian FUD worked—Binance removed and replaced the market maker. Any alpha? Will the Indian guy do the same—shut down comments and ban the Russian section, or just close it like the Chinese one?
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