🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Movement Labs Token allocation controversy: Advisors exposed to receive 10% MOVE tokens
According to the Gate.io News bot, reports from CoinDesk reveal that two obtained business memorandums show that Movement Labs secretly allocated up to 10% of the MOVE Token supply to consultants.
According to leaked documents, consultants Sam Thapaliya and Vinit Parekh received token allocations of 5% and 2.5%, respectively, with a total value exceeding $50 million. Insiders refer to Thapaliya as the "shadow co-founder," and he is currently preparing to take legal action to claim his tokens.
Movement Labs responded that the relevant agreement is not binding. Following this incident, co-founders Rushi Manche and Cooper Scanlon have publicly expressed their differences.