Mantra DAO had many red flags:
In 2020, RioDeFi created Mantra DAO, hiring two employees to run daily ops.
Things were smooth until financial reports stopped coming in after Jan 2021. The drama ended with a lawsuit in Hong Kong.
RioDeFi claims employees went rogue, treating 

Twitter

Following the controversy surrounding Fundstrat's Bitcoin views, co-founder Tom Lee responded, stating that the "contradictory predictions" seen by outsiders were actually research conclusions from different positions and timelines, not internal disagreements. Previously, Sean Farrell, head of digital asset strategy at Fundstrat, suggested that Bitcoin might retrace to the $60,000-$65,000 range in the first half of 2026; while Tom Lee believed Bitcoin could reach new highs, even surging to $200,000 as early as the beginning of 2026. A Fundstrat...

Tom Lee responds to Fundstrat's "contradictory" views on Bitcoin: Different positions, different timelines, not internal disagreements.

Source: Galaxy Research
Translation: Jinse Finance
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakout after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged liquidations, and the actions of whale...

Galaxy: 26 Predictions for the Crypto Market in 2026

A crypto user lost $50 million in USDT after falling for an address poisoning scam in a massive onchain exploit.
The theft, spotted by Web3 security firm Web3 Antivirus, occurred after the user sent a...

Crypto user loses $50 million in 'address poisoning' scam

I had shared the above post a few months ago. Not sure how situation had changed since then.
Some more context: https://cointelegraph.com/news/hong-kong-court-mantra-dao-rio-defi-dispute

$OM down 80% now.
Where is @binance due diligence? 

And know one on CT seems to know how $OM operated lol
Including @binance lol

If you're thinking about buying $OM, consider this:
Market Cap: $601M
FDV: $1.1B
It's after the 90% dump!