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⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
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Learn More: https://www.gate.io/article/44878
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Movement Foundation: Currently holds 8.15 billion MOVE, fund transfers must be approved by multisignature.
According to Foresight News, the Movement Network Foundation has released an update stating that the foundation currently holds 8.15 billion MOVE. No one from Movement Labs, including those under investigation or suspected of misconduct, is authorized to transfer the foundation's funds. The transfer of funds must receive approval through the foundation's multisignature. Until recent events become clearer, fund management will be subject to stricter scrutiny.