Laser Digital responds to OM collapse: did not participate in the sell-off, core OM investment remains locked

ChainCatcher news, Laser Digital stated on social media, "We want to directly respond to recent speculation regarding Laser Digital's involvement in the price fluctuations of OM (Mantra). Laser has no connection to the recent price drop of OM. The claims on social media linking Laser to 'investor sell-offs' are incorrect and misleading.

We have publicly marked some on-chain transfer records of OM related to the Laser wallet. We clearly state: Laser has not deposited any OM tokens to OKX. The wallet mentioned in relation to OKX is not Laser's wallet.

We are aligned with our partners, and our core OM investment remains locked. We have no interest in pressuring the token or undermining the project's stability. Transparency is important."

ChainCatcher previously reported that, according to Lookonchain monitoring, at least 17 wallets deposited 43.6 million OM (worth $227 million at the time) into exchanges before the OM crash, accounting for 4.5% of the circulating supply. According to Arkham's tagging, two of these addresses are associated with Laser Digital. Laser Digital is a strategic investor in MANTRA.