$OM MANTRA Chain on the Brink of a Trust Crisis: CEO Statement Deemed Misleading Drama

April 29, 2025 — The statement made by MANTRA Chain CEO John Patrick Mullin on April 25, 2025, in which he claimed responsibility for the plunge in OM token price, is now being seen as a diversion tactic and a manipulation of public opinion. Rather than presenting concrete solutions, Mullin delivered hollow promises, further exposing the core team's inability to manage the ecosystem effectively.

How can a CEO talk about transparency, yet fail to provide any public data proving the burn of his own OM tokens? Why is the community only fed with vague phrases like “we will,” without any verifiable blockchain proof?

Some have even labeled the statement as “scripted PR damage control” — merely an attempt to protect the project’s image ahead of the TOKEN2049 event in Dubai.

What’s more ironic is that, during such a critical time, there’s no independent audit, no detailed explanation of the price collapse, and no clear roadmap. The community is simply being fed distraction narratives as if everything is fine.

The real question now is: Is this truly a trustworthy project, or just an elite charade manipulating retail investors to protect the interests of a few?

If MANTRA’s CEO is truly serious, it’s time to prove it through action — not more speeches. The crypto world demands honesty, not drama.