Shorooq clarifies that he did not participate in the $OM sell-off, and the incident was caused by a non attack by Strong Ping

PANews
PANews|Apr 14, 2025 11:34
According to a statement released by Shorooq, the sharp drop of approximately 90% in the MANTRA token $OM in the past 24 hours is due to the forced liquidation of large leveraged positions during periods of low liquidity, rather than technical vulnerabilities or project selling. Both Shorooq and the MANTRA team did not sell any tokens before or after the event, and most of the $OM remains locked in. Shorooq emphasized that he is a long-term equity investor in MANTRA and firmly supports its RWA on chain vision.
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