Fresh Scandal Rocks Movement Labs, which is exposed to a lawsuit for 50 million US dollars compared to shady shops

Movement Labs, the worldwide Liberty Finance Round Crypto project, is faced with strong counter-reactions and inner contradiction, since the silent promise of large token insiders are open to early insiders.

The deals that have not been mentioned so far have raised new questions about who really leads things behind closed doors.

New: Movement Labs -The Krypto -Startup supported by Trump's World Liberty Financial, according to new @Coindesk documents, promised the early insiders to up to 10% of its token offer.

None of this was passed on to investors. pic.twitter.com/9kjxccuudf

– Sam Kessler (@skesslr) May 15, 2025

Movement laboratories are involved in under-table arrangements

Before his token start, Movement Labs reported large parts of MOVE's offer to a splash of formerly advisors, an action that kept hidden from investors who had only appeared through internal documents that were checked by Coindesk who brought the news.

According to two business memos preserved by Coindesk, the movement founded by two 20-year Vanderbilt-Breecher in 2023 used these consultants as a crutch to gain a foothold in the crypto industry.

However, Movement Labs said that the agreements that were dated shortly after the project were founded were exploratory and not binding. However, the existence of the agreements underlines the chaotic internal work of movement laboratories, which after the last month licks the wounds that were under fire last month due to market-sensitive businesses that made token dumping easier by insiders.

The insider trade has annoyed many, but the failure of the revealed obligation towards consultants brings this trouble to the next level. There are also many within the company who play the guilt game and concentrate on how the movement in a predatory agreement was examined with a Chinese market manufacturer, which reports on the predatory sale.

There is now a public gap between the co -founders of Movement Labs Rushi.

Some claim that he is only the CTO who led the engineering team when they started moving and, as such, left the most business decisions, including the contracts, Cooper.

“When the priorities changed, our roles changed, but Coopers decisions in the early days have strongly shaped the way the start demanded,” said some in an interview with Coindesk.

Shadow consultant of movement laboratories

According to more than a dozen people who are familiar with the movement, including the current and former employees who were granted anonymity so that they could speak freely, the agreements Sam Thapaliya and Vinit Parekh, both of whom played a significant roles behind the scenes in the design of the project during his early stages.

Thapaliya, the CEO of Zebec Protocol, was borrowed from one of the agreements, according to one of the agreements made by Coindesk.

Another agreement sent Thapaliya 2.5% of the total offer of the token, which is a value of more than 50 million US dollars at the latest prices.

Movement Labs is firmly convinced that the signed agreements with Thapaliya were not binding, but Thapaliya claimed that the agreements were “never incredible”.

A memorandum of understanding is usually considered non -binding, but the agreements also contain provisions that make it impossible for them to be unhindered, except with the consent of “both parties”.

“I plan to legally pursue my claim to 2.5% of the tokens,” said Thapaliya, which was marked by Movement Labs employees with a “shadow founder”.

His name also appeared in internal communication with regard to movements deal with Web3port, a Chinese market manufacturer who was later blamed for the fact that he had made 38 million US dollars in Tokens after the debut of Move.

Vinit Parekh is the second name that appeared in the topic of shadow founders that are connected to movement laboratories. Coindesk claims that a SAW Movement Labs from 2023 SAW Movement Labs agree to give Vinit Parekh's “Digital Incubation Group” for all 1 million US dollars, which Movement Labs recorded $ 50,000 annually.

There was also another agreement that granted a separate Parekh company control of 2.5% of the Move Token offer.

In return for its allocation, the company, the digital incubation group of Parekh, was commissioned with several things, including the development of strategy framework, tokenomics and the structure of the team in front of the product.

Parekh agreements were also structured as a memoranda of understanding with a termination clause that required the consent of both “parties”. However, Parekh and Movement Labs have terminated the explorations of the agreements with the day with the day and claims that the funds have never changed the owner between the two parties.

Nevertheless, sources near Movement Labs have announced that Parekh, a Microsoft product manager who became blockchain industrial engineer, was present in the office in San Francisco from Movement.

In contrast to Thapaliya, Parekh said that the agreement was not loved to the ecosystem and that no money has changed the owners between his party or motion laboratory.

The consequences of the scandal have now drawn attention to the extended crack between his co -founders.

After an extract from one of the Thapaliya agreements on X, some emphasized the role of his former partner when approving the deal by indicating Scanlon's signature for the memo.

He also aroused a message in which he asked whether motion laboratory “throwing [Manche] Under the bus ”, while Scanlon“ played innocently ”.

Some were released by Movement Labs at the beginning of this month, while Scanlon stayed with the organization, even though he had to resign as CEO.

The scandal damaged the call of the movement and cost it the rising star status that he previously enjoyed. Coinbase has announced plans to suspend the trade to token on May 15, and the price of the token has fallen by 50% since then.

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