Movement Labs has noted relevant media reports and will implement governance reforms

Movement Labs posted on Platform X stating that they have noticed media reports, and Movement Labs and Movement Network Foundation have commissioned a third party to conduct a thorough review of the market maker's anomalies. The review by Groom Lake is still ongoing, and the investigation results will be shared once all details are obtained. Major governance reforms will be made based on the review results to ensure that similar incidents do not occur with Movement again.