🔽 The collapse of Mantra becomes another scandal in the industry
Yesterday, the value of the OM token dropped by 90% after 43.6 million tokens (4.5% of the total supply) were transferred to exchanges.
🤔 The Mantra team stated that they did not sell the tokens and that the incident might indicate negligence or even deliberate actions by the exchanges.
Previously, the project was associated with several controversial events, including the presence of multiple online casino owners in the Mantra team and false claims in 2021 about investments from FTX.
