Mantra post-OM token crash statement leaves key questions unanswered
Article
Authors
Helen Partz
Publisher
Cointelegraph
Web URL
https://cointelegraph.com/news/mantra-post-crash-statement-key-questions-unanswered
Referenced by
Although Mantra CEO John Mullin previously said that the team was preparing a post-mortem, the new statement offered few new details about the reasons behind the rapid movement of OM tokens to exchanges and the subsequent liquidation cascade.
Crypto news
Quote
An April 16 announcement titled “Statement of Events: 13 April 2025” reiterates that the crash did not involve any token sales by the project itself, and the Mantra team remains fully functional and continues investigating the incident.
Crypto news
Quote
Among its conclusions, Mantra stated that further information from its exchange partners will “provide more clarity on these events, adding: “We invite our centralized exchanges partners to collaborate on providing more clarity on trading activities during this time.”
Crypto news
Quote
Show more
