valueman-on-fire

What a beautiful rug pull by OM
Lookonchain revealed (https://x.com/lookonchain/status/1911584133652074662) that right before the dump, 17 wallets transferred 43.6 million OM (4.5% of the total supply) to exchanges. Two of these wallets are linked to Laser Digital — a strategic investor in Mantra.
Back in 2021, it was reported (https://x.com/WuBlockchain/status/1911601696335413556) that members of the Mantra team were owners of an online casino, and the project misled the community by claiming fake investments from FTX.
Binance stated (https://x.com/BinanceHelpDesk/status/1911622976455274652) that it has taken risk mitigation measures related to OM and will continue monitoring the situation.

Who dropped the price of $OM?

Before the $OM crash(since Apr 7), at least 17 wallets deposited 43.6M $OM($227M at the time) into exchanges, 4.5% of the circulating supply.

According to Arkham’s tag, 2 of these addresses are linked to Laser Digital.

Laser Digital is a strategic https://t.co/zB8yAPRPSO