一项协议后，运动实验室暂停了联合创始人Rushi Manche引起争议

在移动令牌价格的湍流中，运动实验室通过暂停其联合创始人采取了行动。

Amid the turbulence in the MOVE token price, Movement Labs has taken action by suspending its co-founder and a third-party is now investigating the matter.

在移动令牌价格的动荡中，运动实验室已暂停其联合创始人，而第三方正在调查此事，采取了行动。

Coinbase has delisted the MOVE token after a deal, which is now subject to an independent review, led to the suspension of Rushi Manche, a co-founder of Movement Labs.

Coinbase在一项交易之后，已将搬家代币划分了，该协议现在受到独立审查，导致运动实验室联合创始人Rushi Manche暂停。

The move follows the crypto exchange's decision to delist another token, IXT, in August, after an executive at a major blockchain venture firm penned an op-ed suggesting that market makers could be mishandling new listings.

此举是在加密货币交易所在八月份决定将另一个令牌IXT的决定之后的决定，此前一家大型区块链风险投资公司的一名高管写下了一本专栏，这表明做市商可能会使新清单不当。

On May 2, Movement used X to confirm Manche’s suspension, stating that the “decision was made in light of ongoing events.”

5月2日，运动使用X确认了Manche的暂停，并指出“决定是根据正在进行的事件做出的。”

The third-party probe follows a deal Manche facilitated with Rentech—who helped finalize terms with market maker Web3Port—that prompted the Foundation to suspend him.

第三方调查是在与Rentech合作的一项协议之后的交易，该交易帮助与市政机场的Web3Port达成了最终确定的条件，该协议促使基金会暂停了他。

Groom Lake, a firm specializing in private intelligence, is carrying out the investigation.

专门从事私人情报的公司Groom Lake正在进行调查。

The deal came shortly after Web3Port reportedly sold the 66 million MOVE tokens it received, roughly 5% of the total issuance.

据报道，Web3Port出售了收到的6600万搬家代币，约占发行总额的5％之后不久。

In December 2024, the sale resulted in $38 million in price pressure. Groom Lake has refrained from any comments on the ongoing investigation.

2024年12月，此次销售造成了3,800万美元的价格压力。新郎湖避免了对正在进行的调查的任何评论。

Recent analysis indicates that having the right market maker can propel a cryptocurrency project forward by providing crucial liquidity and securing listings on major exchanges to ensure the project’s tokens are readily tradable.

最近的分析表明，拥有合适的做市商可以通过提供重要的流动性并确保主要交易所上市以确保该项目的代币易于交易来推动加密货币项目的前进。

Conversely, if market makers are driven by the wrong incentives, they can effectively stall a project’s progress from the outset.

相反，如果做市商受到错误的激励措施的驱使，他们从一开始就可以有效地拖延项目的进度。

The summer 2024 report suggested that up to 78% of new token listings since April 2024 have been mishandled, with market makers being implicated.

2024年夏季的报告表明，自2024年4月以来，多达78％的新代币清单被策划了，牵涉商人。

Meanwhile, creditors of the now-bankrupt Celsius Network have suggested that Wintermute, a significant market maker in crypto, was involved in wash trading the Celsius token.

同时，现已破产的摄政网络的债权人表明，加密货币的重要做市商Wintermute参与了Wash Trade Trading the Celsius令牌。

This deceptive practice inflates an asset’s trading volume to appear far greater than the actual activity.

这种欺骗性的做法使资产的交易量膨胀得远大于实际活动。

Moreover, instances like this have surfaced before. Fracture Labs, the developers of Decimated, filed a lawsuit against Jump Crypto in late 2024, accusing the market maker of manipulating the DIO token in a pump-and-dump scheme.

而且，这样的实例以前浮出水面。 Decomimation的开发商断裂实验室于2024年底提起了针对Jump Crypto的诉讼，指责市业制造商在泵送计划方案中操纵Dio令牌。

According to a report by the Wall Street Journal, DWF Labs, a major client of Binance, is accused of engaging in market manipulation, wash trading, and inflating trading volumes by $300 million through transactions with crypto projects.

根据《华尔街日报》的一份报告，Binance的主要客户DWF Labs被指控通过与Crypto Projects的交易进行市场操纵，Wash交易和使交易量增加3亿美元。

Both DWF Labs and Binance denied the claim in May 2024.

DWF实验室和Binance均否认了2024年5月的主张。

In a ruling last month, a Massachusetts court imposed a fine on CLS Global for its role in fraudulent trading volume manipulation.

在上个月的一项裁决中，马萨诸塞州法院因其在欺诈性交易量操纵中的作用而对CLS Global罚款。

The founder of Gotbit, a crypto hedge fund and market maker, was extradited from Portugal to the United States in late February. He now faces accusations of market manipulation and conspiracy to commit wire fraud.

加密对冲基金和做市商Gotbit的创始人于2月下旬从葡萄牙被引渡到美国。现在，他面临着市场操纵的指控和串谋实施电汇欺诈的指控。

In April, blockchain project Movement, the entity behind the MOVE cryptocurrency, announced it was investigating potential misinformation that led them into a financial agreement granting a single entity excessive influence over the token’s market.

4月，该行动加密货币背后的区块链项目运动宣布正在调查潜在的错误信息，这使他们签署了一项财务协议，赋予了单一实体对代币市场的过多影响。

Following the December 9 debut of MOVE on exchanges, this deal saw one party sell 66 million tokens the next day. The action sharply drove down the price and sparked allegations of insider trading within a crypto project backed by World Liberty Financial, a venture linked to Donald Trump.

在12月9日举行交流的首次亮相之后，这笔交易第二天卖出了6600万个令牌。该行动急剧降低了价格，并引发了由World Liberty Financial支持的加密项目中内幕交易的指控，这是与唐纳德·特朗普有关的一家合资企业。

On April 21, Cooper Scanlon, co-founder of Movement Labs, informed employees via Slack that the company was examining the routing of more than 5% of MOVE tokens. These tokens, initially designated for Web3Port, were channeled through a middleman named Rentech— “an entity the foundation was led to believe was a subsidiary of Web3Port but apparently it is not.” Rentech has denied making any false claims.

4月21日，运动实验室联合创始人库珀·斯坎伦（Cooper Scanlon）通过Slack通知员工，该公司正在研究超过5％的移动令牌的路线。这些代币最初被指定为Web3Port，是通过名为Rentech的中间人进行的：“基金会被认为是Web3Port的子公司的实体，但显然不是。” Rentech否认提出任何虚假索赔。

In an internal memo, the Movement Foundation detailed how the contract with Rentech saw nearly half of the total MOVE tokens available to the public being loaned to a single counterparty. This granted that entity an extraordinary level of control over the new token.

在内部备忘录中，运动基金会详细介绍了与Rentech的合同如何看待公众可借给单个交易对手的近一半。这允许实体对新令牌有非同寻常的控制水平。

Even more concerning, Zaki Manian, a veteran crypto founder who reviewed the documents, concluded that “there are incentives basically to manipulate the price to over $5billion fully diluted value and then dump on retail for shared profits.”

更令人担忧的是，审查文件的资深加密创始人扎基·玛尼安（Zaki Manian）得出结论：“基本上有激励措施将价格操纵到超过50亿美元的完全稀释的价值，然后零售零售价以获得共享利润。”

“Even participating in a discussion where that’s on paper is insane,” he said.

他说：“即使参加了纸上的讨论，这是疯狂的。”

New token projects rely on market makers to provide liquidity and stabilize prices by injecting capital for trading on exchanges. However, this setup isn’s without its risks—insiders can manipulate the market and secretly dump sizable token holdings.

新的代币项目依靠做市商来提供流动性并通过向交易所交易的资本注入资本来稳定价格。但是，这种设置没有其风险 - 助手可以操纵市场并秘密地转储可观的代币控股。

In the market-making contracts under review, Rentech appeared on both sides of its agreement with the Movement Foundation. It acted as the foundation’s agent while also claiming affiliation with Web3Port. This dual role may have allowed Rentech to guide negotiations and benefit from its position as a middleman.

在正在审查的营销合同中，Rentech出现在与运动基金会协议的两边。它是基金会的代理商，同时还声称与Web3Port有隶属关系。这种双重角色可能使Rentech可以指导谈判并从其中间人中受益。

The partnership with R

与R的伙伴关系