Project
Movement Labs
Trump-backed crypto startup
Signed memos reveal that Movement Labs, a Trump-backed crypto startup, offered up to 10% of its token supply to shadow advisers through undisclosed agreements..
Description sourced from
- coindesk.com
“Signed memos reveal that Movement Labs, a Trump-backed crypto startup, offered up to 10% of its token supply to shadow advisers through undisclosed agreements..”
Named in 1 piece
CEO Changes
Torab Torabi Takes Movement After a $38 Million Token Dump
Torab Torabi became chief executive of Move Industries on May 7, 2025, a week after CoinDesk's token-dump report, and the dispute over who answers for the launch has since reached Delaware's courts.