MANTRA: Confirmed OM market volatility is triggered by CEX's forced closure of accounts to token holders
币圈吹哨人
加密之眼
04-14 10:39
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MANTRA posted on the X platform that it has been confirmed that the OM market volatility was triggered by CE X's reckless forced closure of token account holders. The time and depth of the plunge indicated that the account positions were suddenly closed without sufficient warning or notification. This happened during the period of low liquidity on Sunday night of Universal Standard Time (UTC) (early morning Asian time), indicating that CEX has some degree of negligence or may have been intentional market positioning. CEX partners play an important role in providing liquidity to projects, but they still exercise extremely high discretion. If discretion is exercised without proper internal and external supervision, chaos like the ones that have recently occurred can happen and will eventually happen, causing damage to both the project and the investors. It should be clear that this chaos was not caused by the sale of tokens by the team, the MANTRA Chain Association, the core consultant or the MANTRA investors. The tokens are still locked and bound by the published vesting period. The economics of the token remains unchanged, and reminds you not to click on any scam links or impersonate MANTRA accounts.
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