Troubled decentralized finance (DeFi) platform Mantra released an official statement addressing the reasons for a 92% flash crash of its OM token on April 13. An April 16 announcement titled “Statement of Events: 13 April 2025” reiteratesthat the crash did not involveany token sales by the project itself, and the Mantra team remains fully functional and continues investigating the incident. Although Mantra CEO John Mullin previously said that the team was preparing a post-mortem, the new sta...
Mantra post-OM token crash statement leaves key questions unanswered
Coin Telegraph - 16 Apr 2025 16:53
Troubled decentralized finance (DeFi) platform Mantra released an official statement addressing the reasons for a 92% flash crash of its OM token on April 13. An April 16 announcement titled “Statement of Events: 13 April 2025” reiteratesthat the crash did not involveany token sales by the project itself, and the Mantra team remains fully functional and continues investigating the incident. Although Mantra CEO John Mullin previously said that the team was preparing a post-mortem, the new sta...
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