Laser Digital denies involvement in the $OM crash incident, stating that the wallet pointed out by outsiders is not theirs

On April 14th, Laser Digital released a statement on the X platform stating that it has no connection with the recent price plunge of $OM (Mantra). In response to rumors on social media about Laser's involvement in investor sell-offs, the company stated that these claims are "factually incorrect and misleading". Laser clarified that it did not transfer any $OM tokens into CEX, and the wallet pointed out by outsiders does not belong to them. Its core investment is still locked up, reaffirming its support for long-term ecosystem development.

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