JP Mullin, CEO of #MANTRA Chain, spoke at the BTCON RWA Summit today about the wild $OM price crash overnight ๐
๐ซ No hack
๐ซ No insider or investor dumping
๐ฅ Just big wallets using $OM as collateral got liquidated = crash happened fast
He said a full post-mortem is coming soon, and no team members made profit from this mess. ๐๐ฆ They even pulled out from a planned ETH Seoul ๐ฐ๐ท side event to focus on the situation. Looks like theyโre taking it seriously โ letโs see what comes next. ๐ DYOR! #OM #MANTRAChain #CryptoNews #LiquidationWipeout
๐ซ No hack
๐ซ No insider or investor dumping
๐ฅ Just big wallets using $OM as collateral got liquidated = crash happened fast
He said a full post-mortem is coming soon, and no team members made profit from this mess. ๐๐ฆ They even pulled out from a planned ETH Seoul ๐ฐ๐ท side event to focus on the situation. Looks like theyโre taking it seriously โ letโs see what comes next. ๐ DYOR! #OM #MANTRAChain #CryptoNews #LiquidationWipeout