From: StarPlatinum
It all started when a wallet linked to MANTRA sent 3.9M $OM to OKX
That caught attention fast
Because the team controls 90% of the supply
Meaning they can crash the price anytime
And the trust was already broken
A month ago, Mantra did an airdrop
But right before launch
They blacklisted over 50% of wallets
Called them bots, gave no proof
The community felt betrayed
More shady stuff started to appear:
• Market makers allegedly keeping the price high
• Quiet changes to tokenomics
• Airdrops kept getting delayed
• Founder Inactive the last 24h
Tension was building
So when that $OM deposit hit OKX, panic started
People feared a dump, and they were right
Selling pressure kicked in fast
Then rumors about OTC deals made it worse
Turns out $OM may have sold tokens to private investors
At massive discounts, some 50% off or more
That started a chain reaction:
People sold
Stop-losses hit
Leverage positions liquidated
In just one hour, $OM dropped over 90%
From $7 to $0.5
Over $5.5B in value extracted
Many investors had no idea what was really happening behind the scenes
Then it got even worse
The OM’s Telegram got deleted
The last message was someone calling it “LUNA 2.0”
Then… silence
No statement, no updates, nothing
The red flags were always there:
• 90% token supply held by the team
• Airdrop betrayal
• Hidden tokenomics changes
• OTC deals behind closed doors
$OM was #1 in RWA and it still rugged
Always stay safe
