MANTRA founder: OM's sharp decline was not caused by Binance, but by other CEX's improper forced liquidation

According to BlockBeats, on April 14th, the founder of MANTRA responded to the OM crash on social media, stating that the market imbalance was not caused by the team, MANTRA Chain Association, its core advisors, or MANTRA investors selling tokens, nor was it done by Binance. It was caused by other CEX's improper forced liquidation. The full response is as follows: Firstly, the team and I are very grateful for the support we have received over the past few hours, which proves that MANTRA has a strong foundation of support among its investors and community. We have determined that the fluctuations in the OM market were caused by improper forced liquidation of OM account holders by centralized exchanges. The timing and depth of the collapse indicate that the exchange suddenly initiated position liquidation without sufficient warning or notification. This incident occurred during the low liquidity period on Sunday evening (morning Asian time), indicating that the exchange was at least negligent and possibly intentionally manipulating the market. Centralized exchange partners play an important role in providing liquidity for projects like ours. Although we work closely with them, they still exercise a high degree of discretion. When this discretion is exercised without appropriate internal and external supervision, the recent market imbalance occurs, which harms both the project parties and investors' interests. It should be clarified that this market imbalance was not caused by the team, MANTRA Chain Association, its core advisors, or MANTRA investors selling tokens. The token is still in a locked state and follows the announced unlocking period. As we shared in our latest token report last week, OM's token economics remains unchanged. Our token wallet addresses are all online and visible. MANTRA is a project that has gone through multiple market cycles and continues to operate. When other projects stop construction, we are still moving forward. This time is no exception. From our recent series of announcements, it can be seen that from becoming the first decentralized financial agreement licensed by Dubai VARA, to various integrations and plans that will expand and strengthen our ecosystem, we have always been committed to serving the community and will persist in the long term. In the next few hours, we will hold a community networking event on the X platform to further discuss these events. Please do not click on any fraudulent links or accounts claiming to be related to MANTRA. All official communications will only be published through my personal account or MANTRA's primary X account