who is responsible for scam in altcoins? why they are free to produce shitcoins like movement & destroy peoples money who are called Holders. this name (altcoins Holders) was made by Devil just to scam. I have bought some movement shit coin & in less than 2 months I  lost most of my money only because one of move coin Co.founder & its market maker were scam .  Satoshi when invented Bitcoin never soposed someday scams shit coins would be created after him to rob people s money .following is the related news:

Movement Labs has confirmed the suspension of co-founder Rushi Manche due to ongoing investigations into governance and market activities, the company announced May 2.

The suspension arises during a review of organizational protocols, with Groom Lake leading the examination of governance dynamics and market interactions. Immediate implications include a 20% drop in MOVE token’s value and suspensions in trading activities.

Rushi Manche’s Suspension Triggers Market Volatility
Movement Labs, a blockchain technology entity, confirmed the suspension of its co-founder, Rushi Manche, on May 2. This action comes amid an active investigation by Groom Lake into governance structures and market conduct related to Movement Labs.

Rushi Manche, Co-founder, Movement Labs, stated, “Throughout the market maker selection process, the MVMT Labs team trusted several advisors and members within the foundation team to provide input and assist in designing the transaction structure. Clearly, at least one foundation member represented both parties’ interests in this transaction, which is an issue we are currently investigating in depth.” source

The status of internal governance and related market activities have led to immediate consequences. The MOVE token suffered a 20% price reduction. Exchanges like Coinbase have begun to halt MOVE token trading, highlighting the urgent need for regulatory clarity.