$MOVE Sinks 70%—Founder Suspended, Coinbase Pauses Trading. What’s Next?

$MOVE has recorded a steep 70% slide from its January peak, climaxing in a 24‑hour drop of 20%, as Movement Labs has suspended co‑founder Rushi Manche and market‑maker dealings have come under review. Coinbase has set a May 15 trading halt, while internal probes explore token allocation and price pressure.