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Movement Foundation: Currently holds 8.15 billion MOVE tokens, and transfers must be approved by multiple signatures

Movement Foundation: Currently holds 8.15 billion MOVE tokens, and transfers must be approved by multiple signatures

CointimeCointime2025/05/02 11:22
By:Cointime

according to the Movement Network Foundation, the foundation currently holds 8.15 billion MOVE tokens. Anyone at Movement Labs, including those under investigation or suspected of improper conduct, is not authorized to transfer foundation funds. The transfer of funds must be approved by multiple signatures of the foundation. Fund management will be subject to stricter scrutiny until recent events are clarified.

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