NEW: @movementfdn signed a deal loaning ~50% of its circulating ecosystem supply to @Web3Port_Labs.
The day after MOVE debuted on exchanges, accounts linked to @Web3Port_Labs dumped 66M tokens, leading @binance to ban it.
🧵@CoinDesk obtained the contracts and much more:




Ultimately, Web3Port did end up receiving 5% of MOVE’s supply via the agreements with Rentech.
The tokens came with terms that experts called extremely unusual.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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