According to PANews on May 1, Movement Labs announced that the MoveDrop plan will be postponed due to market maker anomalies, governance changes, and a major witch attack on MoveDrop. The team has successfully recovered a large number of tokens obtained from the witch attack and plans to redistribute these tokens to ecosystem and community rewards after MoveDrop. To prevent similar incidents from happening again, the foundation is implementing governance changes and will update relevant information in a timely manner.

Earlier news: Movement: 740 million MOVE have been transferred to the foundation address for MoveDrop preparation .