The biggest fraud case since Luna 🛑
⬅️ It appears that what happened to $OM, the cryptocurrency of the @MANTRA_Chain project, was planned and coordinated—and major exchanges were probably involved!
⬅️ Hours before the collapse, some well-known influencers began heavily promoting the coin—as if it were a life-changing investment opportunity. This happened after the project team received support from major exchanges (without naming names) as well as influential websites. This led to a price increase of more than 100 times in recent months. ⚡
⬅️ Today, the Coin scam team mined new tokens, took control of them, and sold them outside of centralized exchanges to avoid legal repercussions from these exchanges. Over $100 million was stolen. The market cap dropped from $6 billion to $1 billion—meaning $5 billion is gone. 😈
✍️ More important details will be revealed in the coming days.
May God help investors in this currency.
For those asking whether this is a buying opportunity, the answer is clear:
There is no buying process for projects that collapsed due to fraud by the team and the platform. ✔️