In response to Binance's release of Movement (MOVE) market maker market violations, the Movement Network Foundation issued a statement saying that the Movement Network Foundation and Movement Labs were unaware of this and chose to cooperate with the market maker because they had already supported projects in the Movement ecosystem. They have now severed all relationships with the market maker (including ecosystem partnerships), and contacted other major exchanges to inform them of the ongoing investigation. Throughout the incident, the Movement Network Foundation has actively cooperated with Binance and committed to using the funds recovered from MM to repurchase $MOVE in the open market.