The Mystery Behind the Collapse of OM Token: The Shadowy Transactions Behind the Scenes of Mantra

The founder and CEO of Mantra, John Mullin, has started to burn 80 million dollars worth of OM tokens to regain user trust following the incident with this token in early April. However, the question of the underlying reasons that led to the incident remains unanswered.

Natalie Newson, a senior blockchain investigator at blockchain security firm CertiK, stated that decoding the OM incident of Mantra will require a detailed forensic study rather than just basic blockchain analysis.

Newson told Cointelegraph that: “A full forensic investigation, similar to what we saw after FTX, will be necessary to substantiate claims of calculated exploitation,” while highlighting the challenges in tracking OTC transactions #OTC .