The Dramatic Fall of Rushi Manche: Movement Labs Becomes Move Industries!

Oh, the drama! Movement Labs has pulled the ultimate coup, dramatically ending co-founder Rushi Manche’s tenure and rebranding to the dazzling new name—Move Industries. What a plot twist! 💥

Yes, you read that right. The company, previously known for its “movement,” has now decided to change its name. Could this be the start of something fresh—or just another corporate melodrama? Only time will tell. ⏳

The Plot Thickens: Rushi Manche Gets the Boot

In a rather abrupt post on X (formerly Twitter, darling), Movement Labs made it official: Rushi Manche is out. In case you were wondering, no, he wasn’t just on a long sabbatical. His ousting comes on the heels of a third-party review of their operations and the move of the MOVE token that, frankly, wasn’t all too stellar.

“Movement Labs has terminated Rushi Manche. The movement will continue under different leadership. More details soon,” the announcement read, leaving everyone wondering if the “new leadership” comes with a cape and tights. 🦸‍♂️

What a lovely way to make an exit, just days after a suspicious suspension and a rather public third-party investigation into market maker shenanigans. Sounds like a Hollywood plot, doesn’t it? 🎬

And as the world watches this drama unfold, the MOVE token has—surprise, surprise—dropped over 10%. It’s now trading at a modest $0.16, so maybe it’s time for a yard sale? 🏷️

While the community seems disappointed, some individuals have expressed their utter disbelief—”This is disappointing! We deserve transparency!” Oh, absolutely. Who doesn’t love a good plot with no spoilers? 🕵️‍♂️

“Asking us to wait for details isn’t how trust is built,” one user opined, probably sipping their tea, waiting for the next twist.

And let’s be clear: the whole mess stems from some very questionable agreements between Movement Labs and market makers. Shadowy figures, concealed payments, and oh, the token allocation drama. Intrigue galore. 🕶️

New CEO, New Day: Cooper Scanlon Announces Restructuring

Co-founder Cooper Scanlon, who has definitely seen better days, is not taking this lying down. According to him, there’s been a lot of “false narratives” flying around, but he’s having none of it. He’s got bigger fish to fry—like rebranding and restructuring. 🐟

“I won’t entertain these false narratives, nor will I let them hinder our progress,” Scanlon declared. Is there a movie deal in the works? It’s starting to feel like one.

So, with the ink barely dry on Rushi’s resignation papers, Scanlon is stepping up with Move Industries. Torab Torabi, from the original team, will now take the reins as CEO, and Will Gaines—who once ran marketing—is now President. New blood, new vision, new drama. What a refreshing change! 😎

“I give my blessing to Torab,” Scanlon said, almost as if we were watching an epic passing of the torch ceremony, minus the fireworks. 🎇

In an even bolder move, Move Industries is pledging transparency and real accountability. Get ready for town halls, verification processes, and even more transparency! That’s right, no more smoke and mirrors—just good old-fashioned corporate revitalization. ✨

“We are Move Industries. A new era begins. Our focus will be on technology and community—this isn’t about hype, it’s about action,” Move Industries declared. Oh, and they’ll also go ahead with the delayed MOVE airdrop (a small victory for the fans?). 🎉

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2025-05-07 12:01