According to Foresight News, Sam Thapaliya, an informal advisor to Movement, responded to a recent Coindesk article by clarifying his early involvement in the Movement project. He stated that before Movement's establishment, he met with Cooper at Vanderbilt University and supported and incubated the Satay project, a Move-based yield aggregator; in the early stages of MVMT Labs (before Rushi joined), he provided Cooper with financial, token economics, and spiritual support; after Rushi joined, he reduced his advisory role and focused on market promotion, mentioning a memorandum of understanding signed by Cooper; near the TGE, he again assisted Cooper by suggesting hiring a data science team to audit the airdrop dataset, as the original data did not accurately reflect testnet usage; he suggested evenly distributing airdrop rewards, but Cooper insisted that 75,000 wallets receive the highest share; these wallets claimed and sold over 6 million MOVE tokens in the Move token airdrop on December 9.
In a previous Foresight News report, according to CoinDesk, the Movement Foundation may have been induced to sign a financial agreement that granted excessive control to a single entity, leading to the rapid sale of 66 million MOVE tokens after listing on exchanges. The agreement was executed through Rentech, an intermediary claiming to be a Web3Port subsidiary, which obtained lending rights to approximately half of the publicly held MOVE tokens.
