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.
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Mantra post-OM token crash statement leaves key questions unanswered
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Mantra admitted that the root cause of the OM token collapse on April 13, 2025 remains unclear and that its ongoing investigation has not yet produced conclusive findings regarding the specific triggers behind the event
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