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🧵 OM Token Crash – CEO Responds What Happened: OM token plummeted ~90% suddenly on Sunday. 🗣️ CEO John Patrick Mullin (MANTRA) addressed the incident, stating: “Reckless forced closures on centralized exchanges (CEXs)** caused the drop,” not internal team activity. 🔍 Key Points from Mullin’s Statement: The crash was due to "very sudden closure of account positions" These closures were triggered without proper warning or notice Timing and severity do not align with internal manipulation 🛑 FUD Clarification: Mullin denied any team involvement in the price action. 📌 TL;DR: This wasn’t a rug pull or insider dump — according to MANTRA’s leadership, it was a case of CEX-level liquidation chaos. #OMCoin #mantra #mantraceo #cryptoloss #losspotential $OM
🧵 OM Token Crash – CEO Responds

What Happened:

OM token plummeted ~90% suddenly on Sunday.

🗣️ CEO John Patrick Mullin (MANTRA) addressed the incident, stating:

“Reckless forced closures on centralized exchanges (CEXs)** caused the drop,” not internal team activity.

🔍 Key Points from Mullin’s Statement:

The crash was due to "very sudden closure of account positions"

These closures were triggered without proper warning or notice

Timing and severity do not align with internal manipulation

🛑 FUD Clarification:

Mullin denied any team involvement in the price action.

📌 TL;DR:

This wasn’t a rug pull or insider dump — according to MANTRA’s leadership, it was a case of CEX-level liquidation chaos.

#OMCoin #mantra #mantraceo #cryptoloss #losspotential

$OM
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