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Movement Labs Suspends Rushi Manche Amid Coinbase Delisting, Token-Dumping Scandal

Movement Labs cites 'ongoing events' as the reason for suspension.

By Sam Reynolds|Edited by Aoyon Ashraf

Updated May 2, 2025, 7:46 p.m. Published May 2, 2025, 3:16 a.m.

(Rushi Manche/Danny Nelson) — Movement Labs co-founder Rushi Manche (pictured) was suspended this week following a CoinDesk investigation into MOVE token deals that experts said incentivized market manipulation. (Danny Nelson)