Tensions are escalating between the core project teams and several major centralized exchanges after a devastating 80% crash in the price of OM, the native token of the MantraDAO ecosystem, sank to an all-time low late last week. In a public statement, MantraDAO has attributed the dramatic price collapse to what it describes as “reckless forced closures” executed by centralized platforms. Heated debate is now set over the responsibility, timing, and transparency in today’s crypto markets. The price crash, which unfolded swiftly across exchanges starting on April 14, brought about over $68 million in liquidations in just 12 hours, mowing
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