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MANTRA's OM Token Crashes 90% Amid Insider Sell-Off Allegations
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 billion in market value.
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, now trades around $1.03 as of 7:40 p.m. EDT. Social media posts claim the team or an associated market maker sold 90% of circulating tokens, though MANTRA denies involvement.
The crash, one of crypto’s steepest single-day drops, sparked accusations of market manipulation. Critics allege the team or an insider offloaded tokens over-the-counter (OTC) and deleted MANTRA’s Telegram group, severing investor communication. Social media erupted with fraud comparisons to Terra Luna’s 2022 collapse.
#mantra #MantraDao #Binance #news #BTC🔥🔥🔥🔥🔥
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 billion in market value.
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, now trades around $1.03 as of 7:40 p.m. EDT. Social media posts claim the team or an associated market maker sold 90% of circulating tokens, though MANTRA denies involvement.
The crash, one of crypto’s steepest single-day drops, sparked accusations of market manipulation. Critics allege the team or an insider offloaded tokens over-the-counter (OTC) and deleted MANTRA’s Telegram group, severing investor communication. Social media erupted with fraud comparisons to Terra Luna’s 2022 collapse.
#mantra #MantraDao #Binance #news #BTC🔥🔥🔥🔥🔥
Bitcoin price today: flat at $84k amid limited tariff relief, risks remain
Bitcoin saw little price change on Monday as risk appetite improved marginally on relief over some U.S. exemptions on trade tariffs against China, although fears of a worsening trade war kept traders on edge.
Crypto markets were nursing wild swings over the past few weeks, as a trade war between the world’s biggest economies escalated drastically, battering global risk-driven markets.
Bitcoin had slumped as low as $74,000, although it recovered sharply from these lows as U.S. President Donald Trump made sweeping concessions in plans to impose trade tariffs on major trading partners. But China was not included in these concessions.
Bitcoin steadies amid some tariff relief
Bitcoin largely lagged strong gains in broader risk-driven assets on Monday. But the crypto still steadied from recent losses after the White House said that electronic imports from China, which represent a bulk of the country’s trade surplus on the U.S., will be exempt from Trump’s reciprocal tariffs.
This helped soothe some immediate concerns over the impact of Trump’s tariffs on the U.S. economy.
But Trump said on Sunday that this was temporary, and that he will announce separate tariffs on electronics and semiconductors soon.
Trump ramped up his tariffs on China to a cumulative 145%, drawing retaliatory tariffs of 125% from Beijing amid a rapidly escalating trade war between the world’s biggest economies.
This notion still kept traders on edge, limiting the appeal of risk-driven assets such as cryptocurrencies. Speculative assets such as crypto tend to underperform in times of economic uncertainty, while havens such as gold and the Japanese yen outperform.
#bitcoinwithtariffs #binancealphaalert #USElectronicsTariff #SaylorBTCPurchas
Bitcoin saw little price change on Monday as risk appetite improved marginally on relief over some U.S. exemptions on trade tariffs against China, although fears of a worsening trade war kept traders on edge.
Crypto markets were nursing wild swings over the past few weeks, as a trade war between the world’s biggest economies escalated drastically, battering global risk-driven markets.
Bitcoin had slumped as low as $74,000, although it recovered sharply from these lows as U.S. President Donald Trump made sweeping concessions in plans to impose trade tariffs on major trading partners. But China was not included in these concessions.
Bitcoin steadies amid some tariff relief
Bitcoin largely lagged strong gains in broader risk-driven assets on Monday. But the crypto still steadied from recent losses after the White House said that electronic imports from China, which represent a bulk of the country’s trade surplus on the U.S., will be exempt from Trump’s reciprocal tariffs.
This helped soothe some immediate concerns over the impact of Trump’s tariffs on the U.S. economy.
But Trump said on Sunday that this was temporary, and that he will announce separate tariffs on electronics and semiconductors soon.
Trump ramped up his tariffs on China to a cumulative 145%, drawing retaliatory tariffs of 125% from Beijing amid a rapidly escalating trade war between the world’s biggest economies.
This notion still kept traders on edge, limiting the appeal of risk-driven assets such as cryptocurrencies. Speculative assets such as crypto tend to underperform in times of economic uncertainty, while havens such as gold and the Japanese yen outperform.
#bitcoinwithtariffs #binancealphaalert #USElectronicsTariff #SaylorBTCPurchas
Binance preps US comeback, courts Trump for help
Binance, the world’s largest cryptocurrency exchange, is plotting a return to the U.S. based on newfound ties with the Trump family.
According to the Wall Street Journal, executives from Binance met with U.S. Treasury officials last month to request the removal or reduction of a federal monitorship that has overseen the exchange’s compliance with anti-money-laundering laws since it pled guilty in 2023 and paid a record $4.3 billion fine.
At the same time, Binance has been exploring a business deal with World Liberty Financial (WLFI), a DeFi venture that claims to be “inspired” by President Donald Trump and has plans to launch a dollar-pegged stablecoin called USD1. Listing the token on Binance could generate billions for the Trumps, who are currently losing millions on the WLFI venture.
Trump and his family control more than 60% of the WLFI project.
#Binance #cryptouniverseofficial #news #TRUMP
Binance, the world’s largest cryptocurrency exchange, is plotting a return to the U.S. based on newfound ties with the Trump family.
According to the Wall Street Journal, executives from Binance met with U.S. Treasury officials last month to request the removal or reduction of a federal monitorship that has overseen the exchange’s compliance with anti-money-laundering laws since it pled guilty in 2023 and paid a record $4.3 billion fine.
At the same time, Binance has been exploring a business deal with World Liberty Financial (WLFI), a DeFi venture that claims to be “inspired” by President Donald Trump and has plans to launch a dollar-pegged stablecoin called USD1. Listing the token on Binance could generate billions for the Trumps, who are currently losing millions on the WLFI venture.
Trump and his family control more than 60% of the WLFI project.
#Binance #cryptouniverseofficial #news #TRUMP
Trump family crypto portfolio nears $1B- report
President Donald Trump and his family have rapidly expanded their presence across the cryptocurrency world, from nonfungible tokens (NFTs) and digital collectibles to a decentralized finance (DeFi) project, a proposed stablecoin, Bitcoin mining efforts, as well as the TRUMPo/USD memecoin.
According to Bloomberg News, the combined paper value of these crypto-related initiatives is approaching $1 billion, even after factoring in recent market volatility fueled by escalating trade tensions.
These estimates are based on publicly available data and reflect the growing financial footprint of Trump-affiliated blockchain ventures. While Trump is already the wealthiest individual to have held the U.S. presidency, thanks largely to his real estate holdings, his engagement with crypto has gained momentum in recent years.
Following his election in 2016, Trump’s business interests were placed in a trust managed by his sons and longtime financial adviser Allen Weisselberg. Eric Trump has publicly stated that “there are no conflicts” regarding the family’s growing involvement in digital assets.
Once skeptical of the asset class, Trump has since embraced it as part of his political and economic agenda. Crypto executives and investors have become important contributors to his reelection campaign, and in his second term, Trump signed executive orders supporting his pledge to position the U.S. as the global hub for digital innovation.
Trump’s team continues to promote his personal memecoin on Truth Social, further underscoring the political and financial stakes of his crypto engagement.
Back in January, Trump’s newly launched crypto token soared to over $10 billion in market value in one day.
#BTC #bbc #BBcoin #TrumpNFT #cryptouniverseofficial
President Donald Trump and his family have rapidly expanded their presence across the cryptocurrency world, from nonfungible tokens (NFTs) and digital collectibles to a decentralized finance (DeFi) project, a proposed stablecoin, Bitcoin mining efforts, as well as the TRUMPo/USD memecoin.
According to Bloomberg News, the combined paper value of these crypto-related initiatives is approaching $1 billion, even after factoring in recent market volatility fueled by escalating trade tensions.
These estimates are based on publicly available data and reflect the growing financial footprint of Trump-affiliated blockchain ventures. While Trump is already the wealthiest individual to have held the U.S. presidency, thanks largely to his real estate holdings, his engagement with crypto has gained momentum in recent years.
Following his election in 2016, Trump’s business interests were placed in a trust managed by his sons and longtime financial adviser Allen Weisselberg. Eric Trump has publicly stated that “there are no conflicts” regarding the family’s growing involvement in digital assets.
Once skeptical of the asset class, Trump has since embraced it as part of his political and economic agenda. Crypto executives and investors have become important contributors to his reelection campaign, and in his second term, Trump signed executive orders supporting his pledge to position the U.S. as the global hub for digital innovation.
Trump’s team continues to promote his personal memecoin on Truth Social, further underscoring the political and financial stakes of his crypto engagement.
Back in January, Trump’s newly launched crypto token soared to over $10 billion in market value in one day.
#BTC #bbc #BBcoin #TrumpNFT #cryptouniverseofficial
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