MANTRA: It has been determined that the OM market volatility was caused by CEX's forced closure of token holders' accounts

MANTRA stated on the X platform that the volatility in the OM market was caused by CEX forcibly closing accounts of token holders recklessly. The timing and depth of this sudden drop indicate that positions were closed without sufficient warning or notice. This incident occurred during a period of low liquidity on Sunday night (Asia time early morning) in Coordinated Universal Time (UTC), indicating a certain degree of negligence on the part of CEX, or possibly intentional market positioning.

CEX partners play a crucial role in providing liquidity for projects, but they still exercise high levels of discretion. If this discretion is exercised without proper internal and external supervision, chaos like what recently occurred could happen, and ultimately will happen, causing harm to projects and investors. It should be clarified that this chaos was not caused by the team, MANTRA Chain Association, core advisors, or MANTRA investors selling tokens. The tokens are still locked and subject to the announced vesting period constraints, and the token economics remain unchanged. Reminder not to click on any scam links or impersonate MANTRA accounts.