BREAKING: Altcoin, Which Has Been the Subject of Manipulation Allegations in Recent Days, Has Been Delisted by Coinbase

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According to the latest development, Coinbase is delisting Movement (MOVE).

The official announcement did not clearly state the reason for the delisting decision. The exchange announced that it regularly inspects whether listed altcoins comply with listing standards and as a result, the decision to delist MOVE was made. The delisting process will take place on May 15.

Related News: Scandal in this Altcoin: Allegations of Price Manipulation

MOVE was recently rocked by allegations that a market maker it was affiliated with inflated the price of MOVE when the coin was first launched. Movement Labs, the developer community company behind MOVE, has launched an investigation into the matter.

*This is not investment advice.

Continue Reading: BREAKING: Altcoin, Which Has Been the Subject of Manipulation Allegations in Recent Days, Has Been Delisted by Coinbase

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