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Laser Digital responds to OM crash: Not participating in the sell-off, core OM investment remains locked
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04-14 18:20
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On April 14, Laser Digital posted, "We want to directly respond to recent speculations about Laser Digital's participation in OM's (Mantra) price fluctuations. Laser has no connection with the recent price decline of OM. The social media statement about Laser's "investor sell-off" is wrong and misleading.


Publicly tagged some OM on-chain transfer records related to Laser wallet. We explicitly declare that Laser has not deposited any OM tokens to OKX. The wallets mentioned related to OKX are not Laser's.


We are aligned with our partners and our core OM investments are still locked in. We have no interest in putting pressure on the token or disrupting the stability of the project. Transparency is important. "


Earlier today, before the OM crash (since April 7), at least 17 wallets deposited 43.6 million OM (at the time $227 million), accounting for 4.5% of the circulating supply. According to Arkham's tag, 2 of these addresses are associated with Laser Digital. Laser Digital is a strategic investor in MANTRA.

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