JP Mullin, CEO of #MANTRA Chain, spoke at the BTCON RWA Summit today about the wild $OM price crash overnight 👇

$OM

🚫 No hack

🚫 No insider or investor dumping

💥 Just big wallets using $OM as collateral got liquidated = crash happened fast

He said a full post-mortem is coming soon, and no team members made profit from this mess. 🙊💦 They even pulled out from a planned ETH Seoul 🇰🇷 side event to focus on the situation. Looks like they’re taking it seriously — let’s see what comes next. 👀 DYOR! #OM  #MANTRAChain  #CryptoNews  #LiquidationWipeout