MANTRA'S OM CRASHES 90% IN BIZARRE SELLOFF

Summary from the TLDR Crypto newsletter

Mantra's OM tokens plunged 90% within a few hours, dropping from over $6 to 40 cents. The team claims there were forced liquidations by centralized exchanges, triggering a cascading price drop. Prominent industry figures have condemned the incident, some alleging that the Mantra team sold their tokens OTC and have abandoned the project while others call for more transparent centralized exchange liquidation data.