Movement co-founders accused the Scroll team of multiple misconducts, resulting in damage to the reputation of the EVM L2 ecosystem

2024-11-28 09:08:52
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ChainCatcher news, Movement Labs co-founder Rushi Manche publicly accused the Scroll team of numerous issues on the X platform, including:

  1. After years in the community, they launched a predatory incentive program that ultimately shifted the burden onto ordinary investors.
  2. The team has been selling secondary market shares for years before the launch.
  3. Other team members were forced to buy in at an $1.8 billion valuation, while senior leadership was selling at the same time.
  4. The Scroll team directly allocated airdrops to their own wallets and then cashed out.
  5. They designed the most predatory token economic model, aimed at harming every community member.

Manche accused the Scroll team's actions of damaging the reputation of the EVM L2 ecosystem and called for improvements to avoid "making it look like a complete scam."

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