#OMNIUSDT

The $OM currency collapsed by 90% in less than an hour - resulting in an immediate loss of over $5.5 billion in market value.

Reason for the sell-off:

1. Team resignation:

Reports indicate that the Kabal team behind $OM resigned just before the collapse.

Following this news, over $590 million worth of OM was moved to exchanges, indicating a potential for widespread sell-offs by insiders.

2. Rumors of supply control:

It is alleged that the team owned 90% of the total supply.

With this concentration of control, the risk of off-exchange sell-offs and sudden liquidation was dangerously high. Result:

• Airdrop holders were completely expelled.

• Long-term investors were left bearing the burden.

• The community faced the brunt of what seemed to be insider exit liquidity.

This situation highlights the dangers of projects lacking transparency, weak token economics, and centralized supply.