# Coinbase Delists $MOVE Following CoinDesk Report

*Author: Bankless*
*Published: May 1, 2025*
*Source: https://www.bankless.com/de/read/coinbase-delists-of-move-following-coindesk-report*

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Coinbase will delist MOVE token on May 15 following a period of scrutiny and earlier reported issues in the Movement Network. 

## **What’s the Scoop?**
- **Trading Suspension**: Coinbase has announced that trading for the MOVE cryptocurrency will be suspended on May 15.
- **Market Impact**: Following the announcement, MOVE’s token price experienced a notable decline of 20%, from $0.25 to $0.20.
- **Reason Unspecified**: While Coinbase cited maintaining listing standards for the decision, no explicit cause for the suspension was provided.
- **Movement Issues**: The delisting follows an earlier episode in April involving market maker abnormalities and a leadership change within Movement Network.
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