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CoinVoice has learned that Movement Labs has posted on the X platform, indicating that they have noticed media reports. Movement Labs and the Movement Network Foundation have commissioned a third party to conduct a thorough review of the abnormal situation regarding market makers. The review of Groom Lake is still ongoing, and once all details are grasped, the investigation results will be shared. Significant governance reforms will be made based on the review results to ensure that similar incidents do not occur in the future.
Recently, it has been reported that Movement Labs is investigating the sell-off triggered by the control grant agreement of 66 million MOVE tokens.