š§µ OM Token Crash ā CEO Responds
What Happened:
OM token plummeted ~90% suddenly on Sunday.
š£ļø CEO John Patrick Mullin (MANTRA) addressed the incident, stating:
āReckless forced closures on centralized exchanges (CEXs)** caused the drop,ā not internal team activity.
š Key Points from Mullinās 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
š FUD Clarification:
Mullin denied any team involvement in the price action.
š TL;DR:
This wasnāt a rug pull or insider dump ā according to MANTRAās leadership, it was a case of CEX-level liquidation chaos.
#OMCoin #mantra #mantraceo #cryptoloss #losspotential $OM