This is John Mullin, the biggest cryptocurrency scammer...
He crashed $OM and ran off with over $6 billion.
He may now be placed on Interpol's red notice...
Here are his secrets, crimes, and how to get your money back 🧵👇
The crypto circle has been in uproar these days, talking all about $OM's boss John Mullin, whose project's coin directly crashed by 90%, while he himself likely made billions!
Everyone who hears this guy's story finds it fascinating, the Mantra issue will definitely leave you speechless:
✜ We know very little about John Mullin's childhood, so it's worth starting with his educational background.
✜ John holds bachelor's and master's degrees from several prestigious universities.
✜ In 2016, he completed his final studies and began his career.
✜ He worked hard in the first five years of his career and by 2023 had become the CEO of the renowned project @MANTRA_Chain.
✜ Since then, John Mullin's life has turned upside down, and the project's market value has shot into the top 19.
✜ Now $OM is referred to as 'Terra Luna 2.0', let’s take a closer look at how John pulled off this operation:
⚡️ All doubts about $OM existed before the token was officially launched.
⚡️ The team initially only airdropped to 50% of wallets, while the rest were locked.
⚡️ The reasons for the locking were never disclosed, but it is clear that the remaining tokens were quietly taken by the team.
⚡️ The same airdrop also caused chaos because the team tried to retain as many tokens as possible from users.
⚡️ They achieved this by repeatedly changing the ownership terms, which drew negative reactions from the community.
⚡️ Clearly, they were stalling for time to sell at their own price later and shift the burden onto others.
⚡️ The fake DAO incident should also stir your emotions and disappointment.
⚡️ To vote, you must stake $OM tokens.
⚡️ But the outcome is shocking— the team used internal wallets to make choices that benefited themselves.
⚡️ Before the crash, this project was deliberately manipulated to increase its chances of getting listed on exchanges:
- December 2023: Fully diluted valuation (FDV) skyrocketed from $20 million to $100 million.
- February 2024: FDV surged again from $200 million to $1 billion.
⚡️ The trick was: Before the pump—massive withdrawals of $OM from exchanges; at the peak—injecting back in, clearly a blatant manipulation!
✜ An active investigation is currently underway, but there is already evidence indicating that this was orchestrated by the project team.
✜ Interestingly, the day before the incident, 17 wallets transferred 4.5% of the token supply to centralized exchanges.
✜ All signs indicate that this was an obvious internal sell-off conspiracy.
✜ Although the team claims they did not participate in the sell-off, they hold 90% of the tokens, and all evidence is against them.
✜ The chain liquidation and low liquidity at centralized exchanges could be a deliberate scheme by the exchange.
✜ The tokens sent to exchanges were enough to trigger a chain reaction.
✜ A comprehensive investigation into John Mullin has been launched, and we should know all the details soon.
✜ Based on everything that happened, we can summarize a few points to pay attention to in the future:
- Take the profit and don’t always think about outsmarting the market.
- Sell most airdrops as soon as they go live.
- Besides $BTC,$ETH $SOL and $BNB and a few mainstream coins, other tokens are trash and will eventually be smashed into the order book and crash!
