TechFlow news, on April 14, MANTRA project founder JP Mullin stated that the volatility in the OM market was caused by forced liquidations of OM account holders on centralized exchanges. This incident occurred during a period of low liquidity and may have been due to exchange negligence or market manipulation.
The MANTRA team clarified that this volatility was not triggered by selling from the team or investors, as tokens remain locked. He added that they will host a community Q&A session on X in the coming hours and reminded users to watch out for online scams. In the comments, JP Mullin replied that the exchange he referred to is not Binance.
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