#BinanceSafetyInsight

$OM just crashed almost 90% in less than an hour.

Over $5.5 billion disappeared from its market cap, just like that.

Why did this happen?

1. The team behind it left right before the crash

Some reports say the Kabal team suddenly quit. Not long after, around $590 million worth of $OM was moved to exchanges. That’s a huge amount it looks like they sold everything and walked away.

2. Rumors say they owned most of the supply

People are saying the team might’ve been holding 90% of all the tokens. If that’s true, they had full control and could dump whenever they wanted. And that’s exactly what seems to have happened.

3. Regular investors got destroyed

People who believed in this project airdrop holders, long term supporters they lost almost everything. It’s heartbreaking. No warnings, no protection, just a huge rug pull.

This is one of those painful moments in crypto where it feels like the insiders won and the community paid the price. It’s a tough lesson if a team holds most of the tokens and there’s no transparency, things can go south very fast.