Red flags in our research on Movement: 4. Read them before anything else.

Movement price

$0.009013 -8.9% 24h MOVE PRO Pro Listed on: Upbit · LBank · WhiteBIT +19

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Movement price history

Actual price

No published forecast yet

No model run has been published for this asset yet. The price and exchanges below are real and current.

Movement: the case for and against

What our documented research establishes about the project itself, with its sources. It is an assessment of the project, not the reason behind the number: the price model reads price series only.

Movement (MOVE) aimed to bring MoveVM execution to Ethereum, raising significant VC funding, but was severely compromised by token-launch scandals. Market maker deals enabled the dumping of 66 million MOVE tokens ($38M in value), triggering a 99%+ price crash, exchange delistings, an internal investigation, and a U.S. DOJ grand jury probe. Co-founder Rushi Manche was ousted in May 2025, and core developer Movement Labs filed for Chapter 11 bankruptcy in July 2026. While successor entity Move Industries claims to maintain operations, corporate bankruptcy, legal liabilities, and compromised market integrity leave the project with poor stability and high risk.

Strengths

Implements MoveVM infrastructure compatible with Ethereum smart contracts. www.cryptonews.com ↗

Engaged security firms like OtterSec for protocol audits and established an Immunefi bug bounty program. immunefi.com ↗

Move Industries attempted a strategic pivot toward digital dollar WhatsApp remittances and cross-border settlement. coinmarketcap.com ↗

Risks

Original R&D firm Movement Labs filed for Chapter 11 bankruptcy in July 2026 with up to $10 million in liabilities. www.cryptopolitan.com ↗

A market-making deal with Web3Port/Rentech led to the dumping of 66 million MOVE tokens, causing the price to drop over 99% from its peak. cryptonomist.ch ↗

Co-founder and former CEO Rushi Manche was ousted following internal reviews and DOJ grand jury scrutiny surrounding the MOVE token launch. web3isgoinggreat.com ↗

Red flags

Core developer Movement Labs filed for Chapter 11 bankruptcy in Delaware in July 2026.

Market maker agreement allowed 66 million MOVE tokens ($38 million) to be dumped on retail investors right after listing.

Suspension and ouster of co-founder Rushi Manche following internal investigation and U.S. DOJ grand jury probe into token launch.

Major cryptocurrency exchanges suspended or delisted MOVE trading following market-making misconduct.

Research: trust review · gemini-3.6-flash · 2026-08-22

Exchanges

Where it trades

Upbittrust 8/10

LBanktrust 9/10

WhiteBITtrust 9/10

Binancetrust 10/10

CoinWtrust 8/10