The MANTRA crypto project is embroiled in controversy after its OM token crashed 90% on Sunday, with investors alleging an insider dumped its holdings, wiping out an estimated $5.5 billion in market value.
MANTRA Blames 'Reckless Liquidations' for OM Token's Historic Crash
MANTRA, known for tokenizing real-world assets (RWAs) and its partnerships with Google Cloud and Dubai's DAMAC Group, saw its OM token plummet from above $6 to $0.37 in under 24 hours.
The token, which peaked at $9 earlier in 2025 but now it is dead
