Binance has announced that it has discovered that a market maker of the Movement (MOVE) project is related to another market maker that Binance recently banned from continuing market-making activities on the platform due to improper behavior. According to the announcement, the abnormal behavior of the market maker includes: one day after the launch of MOVE (2024-12-10), the market maker sold about 66 million MOVE tokens, while there was almost no buy support. Before 2025-03-18 was terminated by Binance, the market maker had received about 38 million USDT net profit. To protect the interests of users, Binance has taken the following measures: The Movement Labs and Movement Foundation teams have been notified of the abnormal behavior of their market makers. Freeze the proceeds of the market maker for subsequent compensation to users (the specific compensation plan will be determined and announced by the project party). Terminate the cooperation with the market maker and prohibit it from conducting any further market-making activities on the Binance platform.