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Movement Labs Secretly Promised Advisers Millions in Tokens, Leaked Documents Show

Signed memos reveal that Movement Labs, a Trump-backed crypto startup, offered up to 10% of its token supply to shadow advisers through undisclosed agreements.

By Sam Kessler|Edited by Nikhilesh De

Updated May 15, 2025, 6:27 p.m. Published May 15, 2025, 2:24 p.m.

Movement Labs co-founders Cooper Scanlon and Rushi Manche (Movement Labs)