FROM BUILDER TO "UP BO" $MOVE AND NEW WALK NYX GROUP

Rushi Manche - a talent but like many people with a project build - drop out - make money to set up a fund in crypto. Specifically as follows:

1. Starting profile is very beautiful

- Rushi Manche's family does charity in India, he has excellent academic achievements, SAT almost perfect, once dropped out early to pursue crypto full time

2. Once a real builder of Aptos 2022

- Rushi Manche was a Smart contract developer in the Aptos system, once wrote Move for Kairos Exchange, Mira Finance, he is deeply interested in distributed systems, modular blockchain => at this point he is a passionate builder

3. Movement Labs 2022–2024

- He co-founded Movement Labs with Cooper Scanlon, Raised >40 million USD (pre-seed + Series A), Positioning MOVE as the Move ecosystem on Ethereum

- When building, Move was also criticized by Aptos for copying Aptos' language, in addition, the project was quite vague about the development direction, sometimes building L2 and then including L1, leading to never getting to mainnet

4. Scandal points of Movement

- Internal memo shows market making deal with Web3Port & Rentech, helping Market maker control ~66M MOVE, pushing tokens directly into liquidity

- When MOVE launched, the wallet related to Web3Port sold ~66M MOVE (~38 million USD), leading to Binance reporting insider selling from the market maker and banning Web3Port, Coinbase stopped trading token $MOVE

- Sushi was suspended from duty on 30/04/2025 and fired on 07/05/2025 during the governance restructuring

- In July 2025, Rushi was sued in Delaware, the trial ended without a public verdict => Likely settled

5. Currently 12/2025 launching Nyx Group

- He established Nyx Group, announcing a scale of up to 100 million USD, with the role of supporting the launch of tokens and liquidity