Mantra (OM) Price Plunge Raises Concerns: CEO Alleges CEX Negligence

The cryptocurrency market experienced a significant downturn in the past weeks, causing sharp declines for several altcoins listed on Binance. Notably, the Mantra (OM) token suffered a dramatic 87% drop today, raising eyebrows and sparking investor concern. While the cause of this sudden crash remains unclear, MANTRA CEO John Patrick Mullin has stepped forward to address the situation. In a statement, he claims that no member of his team or partners sold OM tokens, and the fall is attributed to forced account closures by centralized exchanges, potentially driven by market manipulation. ]