Coinbase has announced the suspension of trading for Movement Labs’ MOVE token starting May 15, citing noncompliance with its listing standards. The decision follows an investigation into alleged price manipulation involving the token.
- Coinbase suspends MOVE token trading on May 15 for noncompliance with listing standards.
- The token's price dropped 13.6% following the suspension announcement.
- An ongoing investigation into alleged price manipulation influenced the decision.
📎 Related coverage from: cointelegraph.com
