OM Flash Crash Record: I won't take the blame, please contact the next exchange This morning, OM plummeted from $6 to the floor with a big red line, losing 90% instantly. The community is in an uproar, urging the project team to come forward and explain.
As a result, the project team jumped out not to admit fault but to shift the blame — "It's not our problem, it's due to improper liquidations by other CEXs, BN is innocent, we are even more innocent!"
What this means is: You invest in the coin they issued, They throw the blame to the exchange, Then they wipe their hands and say, "The tokens are still in the vault, don't get excited."
The project team's actions are like: The building collapsed, and the developer stands on the ruins saying, "It's not my fault for building it crookedly, the wind was too strong." Investor: "Bro, should you consider selling some insurance next time you launch a coin?"
In this unregulated crypto space, one sentence summarizes today's events: The price fell, trust collapsed, and a good blame was shifted.
$OM -90% Color: Deep Red Responsibility: Please contact the unknown exchange, thank you for your cooperation #om $OM
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