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This crypto hit with $12 million insider trading allegation before crashing 90%

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The OM token from MANTRA DAO crashed over 90% early Monday, wiping out $5.36 billion, with the latest on-chain data suggesting insider transactions may have contributed to the free fall. Specifically, just five hours before the crash, a wallet that had been dormant for over a year transferred 2 million OM, then worth $12.58 million, to another wallet potentially linked to venture capitalist Shane Shin, according to the latest on-chain data retrieved by Finbold from Lookonchain on April 14. OM transactions linked to Shane Shin. Source: Arkham It’s worth noting that Shin, a venture capitalist at Shorooq Partners, has previously promoted MANTRA. However, there is no evidence of wrongdoing on his part. From 300x rally to 90% crash in minutes $5.5B in market value vanished as $OM imploded. pic.twitter.com/eQbeDrKm4o — CoinMarketCap (@CoinMarketCap) April 14, 2025 At the same time, data from crypto intelligence platform Arkham revealed that 17 wallets offlo...

Top Crypto Gainers Today Oct 26 – Virtual Protocol, Reef, Mask Network, MANTRA DAO

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As the crypto winter grips the market, with the global cryptocurrency cap slipping to $2.38 trillion and a 2.55% drop in the last 24 hours, there’s still a glimmer of hope. Surprisingly, 13% of cryptocurrencies are defying the odds, sparking movement even amid the chill.  In this article, we spotlight today’s top crypto gainers —Virtual Protocol, Reef, Mask Network, and MANTRA DAO. These resilient projects are not just surviving; they’re thriving! Read on to uncover the bright spots shining in the market, proving that opportunity often emerges from the toughest challenges.   Biggest Crypto Gainers Today – Top List In evaluating today’s top gainers, we focused on several key metrics to gauge their performance and potential. We analyzed percentage gains over the last 24 hours, trading volume, market cap, and liquidity ratios, providing a comprehensive view of each token’s market strength. We also looked at recent developments and mark...