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

On April 14th, Laser Digital announced on the X platform that its recent price drop is not related to $OM (Mantra). In response to rumors on social media about investors selling Laser, the company stated that such claims are "factually incorrect and misleading." Laser clarified that it did not transfer any $OM tokens to OKX, and the wallet mentioned by others is not owned by them. Their core investments are still locked, and they reiterated their support for the long-term development of the ecosystem.

Earlier today, there were reports that before the collapse of OM, at least 17 wallets had deposited 43.6 million OM tokens into exchanges, accounting for 4.5% of the circulating supply. According to Arkham's analysis, 2 of these addresses are associated with Laser Digital. Laser Digital is a strategic investor in MANTRA.