Laser Digital denies involvement in $OM crash, says wallet not owned by it

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PANews
04-14
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PANews reported on April 14 that Laser Digital issued a statement on X platform, stating that it is not related to the recent sharp price drop of $OM (Mantra). Regarding social media rumors about Laser's involvement in investor sell-offs, the company stated that such claims are "factually incorrect and misleading". Laser clarified that it has not transferred any $OM tokens to OKX, and the wallet in question does not belong to them. Its core investments remain locked, and it reaffirmed its support for the long-term development of the ecosystem.

Earlier today, there were reports that at least 17 wallets deposited 43.6 million OM tokens into exchanges before the OM crash, accounting for 4.5% of the circulating supply. According to Arkham's tagging, two addresses are associated with Laser Digital. Laser Digital is a strategic investor of MANTRA.

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