Laser Digital Responds to OM Collapse: Did Not Participate in Selling, Core OM Investment Remains Locked
On April 14, Laser Digital stated, "We want to directly address recent speculation regarding Laser Digital's involvement in the price fluctuations of OM (Mantra). Laser is not related to the recent price drop of OM. Claims on social media linking Laser to 'investor sell-offs' are incorrect and misleading.
Some on-chain transfer records of OM related to the Laser wallet have been publicly marked.
We align with our partners, and our core OM investment remains locked. We have no interest in putting pressure on the token or undermining the project's stability. Transparency is important."
Earlier today, before the OM collapse (since April 7), at least 17 wallets deposited 43.6 million OM (worth 227 million USD at that time) into CEX, accounting for 4.5% of the circulating supply. According to Arkham's labels, two of these addresses are associated with Laser Digital. Laser Digital is a strategic investor in MANTRA.
