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Sui Foundation Bins MovEx After Violation of SUI Token Lockup Schedule

MovEx had violated the lockup by initiating three transactions of 625K SUI to three unique wallets, sparking concerns around these excess tokens in the open market.

By Shaurya Malwa|Edited by Oliver Knight

Updated Jul 27, 2023, 11:10 a.m. Published Jul 27, 2023, 11:10 a.m.

Sui Foundation sacks MovEx after token unlock violation (Matt Smart/Unsplash)