ChainCatcher reported that Laser Digital posted on social platforms, "We want to directly respond to recent speculation about Laser Digital's involvement in OM (Mantra) price fluctuations. Laser has no connection to the recent price drop of OM. Claims on social media about Laser and 'investor selling' are false and misleading.

Some OM on-chain transfer records related to Laser wallets were publicly marked. We explicitly state: Laser has not deposited any OM tokens to OKX. The wallets mentioned in relation to OKX are not Laser's wallets.

We remain consistent with our partners, and our core OM investments are still locked. We have no interest in putting pressure on tokens or disrupting the project's stability. Transparency is important."

ChainCatcher previously reported that according to Lookonchain monitoring, before OM's collapse, at least 17 wallets deposited 43.6 million OM (worth $227 million at the time) into exchanges, representing 4.5% of circulating supply. Based on Arkham's marking, 2 addresses were associated with Laser Digital. Laser Digital is a strategic investor of MANTRA.