Nomura’s Laser Digital Claims No Involvement in OM Token Crash

Laser Digital, the crypto arm of Nomura, has refuted claims linking it to the dramatic decline of OM tokens over the weekend. The token, created by the MANTRA blockchain project, saw a staggering 88% drop in value within a day. Rumors attributed this collapse to a large investor selling off a significant portion of OM tokens, leading to panic and selloffs. While some reports suggested Laser Digital was behind these moves, the company has vehemently denied any involvement.