{"id":22031,"date":"2025-04-14T16:17:08","date_gmt":"2025-04-14T16:17:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22031"},"modified":"2025-04-14T16:17:08","modified_gmt":"2025-04-14T16:17:08","slug":"nomuras-laser-digital-denies-involvement-in-mantra-crash","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22031","title":{"rendered":"Nomura’s Laser Digital Denies Involvement in Mantra Crash"},"content":{"rendered":"
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Switzerland-based trading firm Laser Digital, which is part of the Nomura Group, has denied any involvement in the Mantra token flash crash that saw OM lose lose 90% of its value.<\/p>\n

“Assertions circulating on social media that link Laser to ‘investor selling’ are factually incorrect and misleading,” the firm wrote on X<\/a>.<\/p>\n

Laser Digital went on to share its controlled Mantra wallet addresses, none of which show deposits to exchanges or selling activity.<\/p>\n

Speculation remains rife over why OM collapsed so violently. The Mantra team insist it was due to wider market pressures and centralized exchanges forcibly closing positions, which led to a liquidation cascade.<\/p>\n

OKX stated that the price volatility occurred due to a spike in trading volume coupled with an initial price decline across various exchanges out side of OKX, before spreading to the wider market.<\/p>\n

Before the crash, 17 wallets deposited 43.6M OM ($227M) to exchanges, this led to a panicked response from holders as the Mantra team holds 90% of the token’s circulating supply, spurring the initial sell-off.<\/p>\n

OM is currently trading at $0.57, down 90% from the day’s high of $6.14 as trading volume has increased by 3,425% to $2.6 billion, according to CoinMarketCap<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Switzerland-based trading firm Laser Digital, which is part of the Nomura Group, has denied any involvement in the Mantra token flash crash that saw OM lose lose 90% of its value. “Assertions circulating on social media that link Laser to ‘investor selling’ are factually incorrect and misleading,” the firm wrote on X. Laser Digital went […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-22031","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22031"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22031\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}