Blockchain investigator ZachXBT has identified Reef Finance founder Denko Mancheski and X user Fukugo Ryōshu as potentially linked to the 90% crash of Mantra’s OM token on April 13. The two individuals allegedly requested massive loans against their OM holdings before the crash. Other large investors also moved significant amounts of OM tokens to exchanges before the crash, leading to suspicions of insider trading. Laser Digital and Shorooq Partners deny involvement in the token sales during the crash.

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