ChainCatcher news, investor Shorooq Partners issued a statement clarifying: the decline was not due to a hacker attack or team sell-off, but triggered by large-scale forced liquidations, which subsequently led to panic selling during low liquidity periods. Shorooq emphasized that its position as a long-term equity investor remains unchanged and publicly disclosed relevant wallet addresses to prove transparency. Some analyses pointed out that this crash was caused by leverage requirements and forced changes at certain levels, while the lack of decentralized exchange market makers exacerbated the issue.Earlier news indicated that before the sharp drop in the price of OM, a wallet suspected to belong to Shorooq Partners, an investment firm in the Middle East, received a transfer of 2 million OM.

ChainCatcher message, KIP Protocol released a statement regarding the $LIBRA token, clarifying KIP Protocol's role in the event:KIP did not initiate the Libra project or the Viva La Libertad project.KIP was invited to assist in managing the financing plan for small and medium-sized enterprises in Argentina.KIP did not participate in the token issuance.KIP did not profit in any way from the token issuance.KIP has no prior or ongoing relationship with President Javier Milei.KIP stated that it will continue to work with all relevant parties to address any misunderstandings and is prepared to take necessary legal action to protect its reputation from further unfounded accusations.

ChainCatcher news, Binance sent a letter to the Indian crypto trading platform WazirX, requesting WazirX to issue a pre-written "clarification statement" retracting the previous statement by WazirX co-founder Nischal Shetty regarding Binance's ownership of WazirX. Additionally, Binance demanded that WazirX remove all mentions of Binance from its terms of service, or else Binance may terminate its service agreement with WazirX by February 3.WazirX refused to retract its previous statement about Binance acquiring WazirX, stating that the so-called "clarification statement" is "unethical" and attempts to use "media pressure and threats to force Zanmai (the parent company behind WazirX) to issue false and misleading statements as 'clarifications'." Shetty also stated in the letter that Binance has profited handsomely from its control over the exchange.Previously, ChainCatcher reported in August last year that WazirX's Mumbai office was raided by Indian officials due to the exchange's alleged involvement in helping 16 fintech companies launder money. Binance immediately took steps to publicly distance itself from WazirX. A blog post that initially celebrated the acquisition was modified to state it was "limited to an agreement to purchase certain assets and intellectual property." On August 5, Binance CEO Changpeng Zhao stated on Twitter, "Binance does not own any equity in Zanmai Labs, which operates WazirX." (source link)