MANTRA: It has been determined that the OM market volatility is triggered by CEX forcibly closing accounts of token holders

ChainCatcher message, MANTRA stated on platform X that the fluctuations in the OM market were triggered by the reckless forced account closures of token holders by CEX. The timing and depth of this crash indicate that account positions were suddenly closed without sufficient warning or notification. This incident occurred during a low liquidity period on Sunday night (early morning Asia) in Coordinated Universal Time (UTC), suggesting a certain degree of negligence on the part of CEX, or possibly a deliberate market positioning.

CEX partners play a crucial role in providing liquidity for projects, but they still exercise a high degree of discretion. If discretion is exercised without appropriate internal and external oversight, chaotic situations like the recent one can and will occur, causing harm to both the projects and investors. It is important to clarify that this chaos was not caused by the team, MANTRA Chain Association, core advisors, or MANTRA investors selling tokens; the tokens remain locked and are subject to the announced vesting period, and the tokenomics remain unchanged. Please be reminded not to click on any scam links or impersonating MANTRA accounts.