😐️ Mantra CEO: “The sharp decline in the value of OM was due to forced liquidations initiated by centralized exchanges without warning.”
"This happened during a period of low liquidity, which could indicate negligence or even deliberate actions by the exchanges."
- “The Mantra team and investors did not sell tokens - all tokens are locked and subject to vesting, information about this is public.”
▫️ Lookonchain: Before the #OM dump, 17 wallets transferred 43,600,000 tokens (4.5% of the total supply) to exchanges.
Two of these wallets are linked to Laser Digital, a strategic investor in Mantra.
▫️Back in 2021, it was reported that the Mantra team included several online casino owners. Moreover, the project misled the community by claiming to have received investments from FTX .
▫️ Binance: A number of measures have already been taken to control the risks associated with OM, and the exchange representatives will continue to closely monitor the situation.”
▫️ OKX CEO: "OM's collapse is a big scandal for the entire crypto industry. OKX exchange will prepare all reports."
▫️ Changpeng Zhao: “I no longer run Binance, but I believe that CEX and DEX should not select tokens for listing - there should be access to all tokens in the universe.”
