Shorooq clarifies that it did not participate in the $OM dumping, and the incident was due to liquidation, not an attack.

2025-04-14 11:34:08

PANews April 14 news, according to a statement released by Shorooq, the MANTRA token $OM has fallen by about 90% in the last 24 hours due to large leveraged positions being liquidated during low liquidity periods, not due to technical vulnerabilities or dumping by the project party. Both Shorooq and the MANTRA team did not sell any tokens before or after the event, and most of the $OM is still in a lock-up position. Shorooq emphasizes that it is a long-term equity investor in MANTRA and firmly supports its vision of on-chain RWA.

OM4.68%

RWA6.5%

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