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Today in crypto, Mantra CEO John Mullin denied reports of insider sales by investors, including Laser Digital, ahead of the OM token’s 90% crash — despite onchain data suggesting otherwise. Mullin also pointed to one exchange in particular, which the Mantra team believes may have played a role in the token’s collapse.

Mantra CEO John Mullin denied reports suggesting large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, while speaking in an AMA hosted by Cointelegraph on April 14.

“The Mantra association, our key investors, our advisers — no one has sold, and we are going to categorically deny and also provide verifiable proof onchain proof that this is the case,” Mullin stated in the AMA.

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