Date: 2025-04-14
Update (April 14, 1:15 pm UTC): This article has been updated to add comments by Mantra CEO John Mullin from an AMA event hosted by Cointelegraph.Mantra CEO John Mullin denied reports suggesting large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, while speaking in an AMA hosted by Cointelegraph on April 14.“The Mantra association, our key investors, our advisers — no one has sold, and we are going to categorically deny and also provide verifiable proof onchain proof that this is the case,” Mullin stated in the AMA.Previous reports suggested that Laser Digital, a strategic Mantra investor, cashed out large portions of Mantra (OM) tokens before the cryptocurrency collapsed on Apr...
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