#TrumpTariffs Trump lifting bull markets | Wakeelchohan on Binance Square

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#TrumpTariffs Trump lifting bull markets

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#Beware of fake Binance Message #SecureYourAsset 1. Everything Stays on the Platform All account-related issues are handled on the Binance app or official website. If you receive an SMS asking you to call a phone number or click into a suspicious link, it’s a scam. Always cross-check any link or phone number using Binance Verify to ensure its authenticity. 2. Set Up Your Anti-Phishing Code The red box shows a fake SMS from a scammer, while the green box shows a real message with an anti-phishing code from Binance. Always verify that the anti-phishing code is your unique code; scammers will often include fake ones to deceive you. Anti-Phishing codes are unique 8-character codes that, once set up, will appear on every official Binance message you receive — helping you verify their authenticity. Learn how to set up your anti-phishing code here → Remember, Binance will never ask you tImport an unknown wallet; Install third-party software; Call a phone number; Grant access to private keys; Click on links from unofficial sources; If you run into any of these red flags, ignore and report the message to binance customer service team.

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#Reasons behind OM breakdown The **OM token (MANTRA)** experienced a catastrophic breakdown on **April 13–14, 2025**, losing **90–98% of its value** within hours. Here’s a synthesis of the key reasons behind the crash, based on multiple reports: 1. Alleged Team Dump and Liquidity Crisis** - **Massive Token Dumping**: Reports suggest the team or insiders sold ~90% of circulating supply, triggering a liquidity crisis. On-chain data showed large OM transfers to exchanges like Binance and OKX before the crash . - **Centralized Exchange Liquidations**: The team blamed "reckless liquidations" by a large investor on a CEX, but skeptics pointed to coordinated OTC (over-the-counter) dumps . ### **2. Governance and Tokenomics Red Flags** - **Concentrated Supply**: The team controlled a significant portion of tokens, enabling potential manipulation. Critics highlighted inflated valuations ($9.5B FDV vs. $13M TVL) . - **Lack of Transparency**: The official Telegram group was shut down during the crash, fueling rug pull suspicions . ### **3. Market Panic and Cascading Effects** - **Forced Liquidations**: A domino effect of margin calls and stop-loss triggers exacerbated the sell-off, similar to Terra-LUNA’s collapse . - **Social Media Frenzy**: Accusations of "one of the biggest scams in crypto" trended, with comparisons to FTX and LUNA . ### **4. Legal and Regulatory Troubles** - **Hong Kong Court Case**: A lawsuit alleged misappropriation of DAO funds, with six members ordered to disclose financial records . - **Dubai License Under Scrutiny**: Despite securing a VARA license in February 2025, the crash raised questions about compliance . ### **5. Team’s Response: Denial and Damage Control** - **Co-Founder’s Claims**: John Patrick Mullin denied team involvement, sharing a wallet address to "prove" tokens weren’t moved . - **Community Distrust**: Many dismissed the explanation, citing prior warnings about tokenomics and governance flaws .

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