Movement: MoveDrop will be delayed due to recent investigations into market makers

2025-05-01 02:38:47
Movement posted on the X platform that MoveDrop must be postponed due to ongoing investigations into market maker anomalies, governance changes, and the MoveDrop witch attack. Movement added that sybil tokens can be recycled in large quantities, so these witch tokens will be redistributed to the ecosystem and community rewards after MoveDrop is completed, while the Movement Foundation is implementing governance changes to ensure this does not happen again, and DeFi Spring incentives will continue to be rolled out across the ecosystem.