Move drops 20% because Coinbase announces trade suspension 15. May

On Thursday, Coinbase announced that it will suspend the trading of the Token Movement 15. May at 14:00 ET, stating routine property reviews to ensure filled standards in the list.

Exchange said Move (Move) Home books have already been exceeded on restriction mode, which means that users can place or fail limited orders, but trading at the market price is disabled.

The price of relocating dropped approximately 20% of the following Coinbase’s Announcement, decline from 0.25 to $ 0.20.

Controversy move

Comes the decision due to controversy Surroundings Market activities and move management. In mid-April, the Movement Network was tested after co-founder, Cooper Scanlon took over the absence and reports of “market abnormalities”.

These abnormalities are now in the center of investigation the potential pump scheme and delays associated with a market manufacturer called Web3port.

Internal documents obtained COIDSKI discovers that the Web3port, Chinese company, was awarded over 5% of the total turnout token, which was then allegedly focused through the unclear entity called Rentech.

This arrangement was allowed by Rentech to transfer tokens if the exactly diluted project value exceeded $ 5 billion – an event that allegedly took place 9. December, a daily movement launched on binanci.