一家加密初創公司曾經被譽為新星，現在面臨動盪

在洩露的文件暴露了秘密的秘密保證向內部人士承諾，由唐納德·特朗普的世界自由金融支持的運動實驗室，據稱簽署了陰影協議

A crypto startup once touted as a rising star is now facing turmoil after leaked documents exposed secret token promises to insiders, deepening scrutiny of a scandal-plagued firm.

一家加密貨幣初創公司曾經被吹捧為後起之秀，現在洩露的文件暴露了秘密的秘密令牌向內部人士承諾，加深了對醜聞塑造的公司的審查。

Movement Labs, backed by Donald Trump’s World Liberty Financial, signed shadow agreements granting select advisers access to up to 10% of its MOVE token supply—deals never disclosed to investors, according to internal memos accessed by DeCrypt. These memos, detailing a series of agreements reached in late 2023, highlight how Movement quietly pledged millions in tokens to early supporters.

唐納德·特朗普（Donald Trump）的世界自由金融（World Liberty Financial）支持的運動實驗室簽署了影子協議，授予精選顧問的訪問權限，最多可訪問其搬遷令牌供應量的10％ - 根據解密的內部備忘錄，從未向投資者披露。這些備忘錄詳細介紹了2023年下半年達成的一系列協議，突出了運動如何悄悄地諾言將令牌列入代幣到早期的支持者。

Two agreements show adviser Sam Thapaliya, described by employees as a 'shadow co-founder,' would gain access to 7.5% of MOVE’s total supply—potentially worth over $50 million at launch—in exchange for strategic input. Another deal promised consultant Vinit Parekh nearly $2 million annually, also in exchange for advice. Both arrangements were labelled ‘non-binding’ by Movement, yet clauses required mutual consent to terminate.

兩項協議表明，顧問Sam Thapaliya被員工描述為“影子聯合創始人”，將獲得Move總供應量的7.5％（在啟動時價值超過5000萬美元），以換取戰略投入。另一項交易承諾，顧問Vinit Parekh每年將近200萬美元，以換取建議。這兩種佈置都被運動標記為“無約束力”，但條款需要相互同意才能終止。

Thapaliya maintains these deals, never announced publicly, remain valid and he plans legal action to claim his due share of tokens. “I fulfilled my obligations,” said Thapaliya, highlighting his role in selecting market-makers and advising on token strategy.

Thapaliya保持這些交易，從未公開宣布，保持有效，他計劃法律行動，要求其應有的代幣份額。塔帕利亞（Thapaliya）說：“我履行了自己的義務，”他強調了他在選擇營銷商和為代幣戰略提供建議方面的作用。

However, Movement has insisted these agreements were exploratory in nature, and the signatures and termination disputes suggest the startup is now embroiled in a legal battle to avoid fulfilling the commitments.

但是，運動堅持認為這些協議本質上是探索性的，簽名和終止糾紛表明該創業公司現在捲入法律鬥爭，以避免履行承諾。

Founders at Odds

創始人矛盾

The fallout has also ignited a public feud between Movement co-founders Rushi Manche and Cooper Scanlon. Manche, who was ousted as COO in May, has shifted blame for the controversial deals onto Scanlon, claiming his early decisions shaped the launch.

輻射還引發了運動聯合創始人Rushi Manche和Cooper Scanlon之間的公開爭執。曼徹（Manche）在五月份被罷免為首席運營官，他將有爭議的交易歸咎於斯坎倫（Scanlon），聲稱他的早期決定塑造了發射。

"We can see that Cooper approved the terms of the agreement with Web3Port, despite legal counsel's warnings," Manche said in a statement, referring to a partnership that unfolded disastrously.

Manche在一份聲明中說：“儘管法律顧問的警告，庫珀還是批准了與Web3Port的協議條款。”

Scanlon, who has since stepped down as CEO but remains with the company, has kept silent amid the accusations. Tensions escalated after a leaked Thapaliya agreement surfaced online, prompting Manche to highlight Scanlon’s signature.

從那以後，斯坎倫（Scanlon）擔任首席執行官，但仍留在公司，他一直在指控中保持沉默。洩漏的Thapaliya協議在網上浮出水面後，緊張局勢升級，促使Manche突出了Scanlon的簽名。

Employees describe Thapaliya as a key strategist, frequently consulted on major decisions including the partnership with Chinese market maker Web3Port. That deal, which unfolded disastrously and led to Binance's intervention, was tied to a $38 million token dump and a 50% price crash, ultimately sparking furious reactions from investors.

員工將Thapaliya描述為主要戰略家，經常就與中國市政公司Web3Port的合作關係在內的重大決策進行諮詢。這項交易災難性地展開並導致了Binance的干預，與3800萬美元的代幣垃圾場和50％的價格崩潰有關，最終引發了投資者的憤怒反應。

Movement's partnership with Web3Port lies at the heart of its unravelling. Documents seen by DeCrypt show the startup loaned 5% of MOVE’s supply to Web3Port, an allocation mirroring Thapaliya's in the leaked agreement. In return, Web3Port would provide liquidity and market-making services for MOVE.

運動與Web3Port的合作關係是其揭開的核心。解密的文件顯示，該創業公司借給Move 3 Web3Port的5％，這是一種反映了Thapaliya在洩露協議中的分配。作為回報，Web3Port將為移動提供流動性和營銷服務。

However, Web3Port massively overbid on the token during launch on May 10, quickly exhausting the assigned portion of funds. After the partnership soured, the market maker flooded exchanges with sell orders, triggering panic among investors and leading to several having their accounts banned.

但是，在5月10日發布期間，Web3Port在令牌上大大超越了代幣，迅速耗盡了分配的資金部分。合夥企業變酸後，做市商以賣出訂單淹沒了交流，引發了投資者的恐慌，並導致其中一些被禁止了帳戶。

Analysts at the time called the terms of the deal "predatory" and accused Web3Port of pump-and-dump tactics, adding that Movement appeared to ignore several red flags. Legal counsel YK Pek was reportedly among those warning that the Web3Port partnership was "possibly the worst agreement" ever seen, yet revised terms were later approved by Scanlon, raising concerns of self-dealing.

當時的分析師稱這筆交易的條款為“掠奪性”，並指責Web3Port泵送策略，並補充說，運動似乎忽略了幾個危險信號。據報導，法律顧問YK PEK被警告說，Web3Port Partnership是“可能是最糟糕的協議”，但經過修訂的條款後來得到了Scanlon的批准，引起了人們對自我交易的擔憂。

Investigators later found that Web3Port shared directors with Movement's foundation, further complicating issues of accountability.

調查人員隨後發現Web3Port與Movers的基礎共享導演，這進一步使問責制的問題變得複雜。

Investor trust in Movement evaporated rapidly as the startup's token price plunged and Coinbase halted trading on May 15, citing "routine review." By that point, MOVE had already crashed to $0.18, a staggering 80% drop from its peak.

投資者對運動的信任迅速蒸發，因為該初創公司的代幣價格下跌並於5月15日停止了交易，理由是“常規審查”。到那時，Move已經撞到了0.18美元，從其峰值下降了80％。

Binance also froze $38 million in funds linked to Web3Port's massive sell-off, while daily active addresses on the token fell to just 1,200.

Binance還凍結了3800萬美元的資金，與Web3Port的大量拋售有關，而代幣的每日活躍地址下降至1200。

In response, Movement has since rebranded as Move Industries and pledged transparency, launching a $38 million buyback program to stabilise liquidity and announcing audits by firm Groom Lake to address governance gaps. However, skeptics question whether these steps will be enough to salvage the startup's battered reputation.

作為回應，運動自那以後，將其重新命名為“移動行業”並承諾透明度，啟動了3800萬美元的回購計劃，以穩定流動性並宣布新郎湖公司的審計解決治理差距。但是，懷疑論者質疑這些步驟是否足以挽救創業公司受虐的聲譽。

The scandal also highlights broader systemic issues in crypto's opaque token ecosystems. Informal deals, like Movement's undisclosed MOUs with Thapaliya and Parekh, allow startups to funnel wealth to insiders without sufficient oversight from investors or regulatory bodies.

該醜聞還強調了加密透明的代幣生態系統中更廣泛的系統性問題。非正式交易，例如運動與塔帕利亞（Thapaliya）和帕雷克（Parekh）的未公開的穆斯特（Mous），允許初創企業將財富渠道向內部人士渠道，而沒有投資者或監管機構的足夠監督。

Several other cases, such as Eclipse's scrapped deal with Polychain, have come to light, showing how large-scale token projects often promise huge, undisclosed allocations of their tokens to VIPs and early backers, ultimately shaping market dynamics in ways that are never disclosed to the broader community.

其他幾個案件，例如Eclipse與PolyChain的報廢交易，已經揭示了，表明了代幣的大規模代幣項目經常承諾將其代幣分配給VIP和早期支持者的大量，未公開的分配，最終以從未向廣泛社區披露的方式塑造市場動態。

With authorities now circling major

當局現在盤旋