本週的咒語崩潰使加密貨幣市場和監管機構尋求答案。

在周日的交易中，OM代幣的價值損失損失了90％。現在，在一系列社交媒體指控中，以連鎖證據強調

This week's MANTRA (OM) meltdown has left the crypto market and regulators searching for answers after the token lost 90% of its value.

本週的口頭禪（OM）崩潰使加密貨幣市場和監管機構在代幣損失了其價值的90％後尋求答案。

As the dust settles on the events of Sunday trading, a bigger picture is forming from a flurry of social media accusations, highlighted by chain evidence. One that seems to indicate more than just bad luck. Here's what you need to know.

隨著周日交易事件的塵埃落定，從一連串的社交媒體指控中形成了更大的前景，這是連鎖證據的強調。這似乎表明不僅僅是運氣不好。這是您需要知道的。

What Is MANTRA (OM)? The RWA-Focused Blockchain Explained

什麼是咒語（OM）？以RWA為重點的區塊鏈解釋了

MANTRA (OM +38.78%) entered the market as a Layer 1 blockchain to support the Real World Assets (RWA) ecosystem. The tokenization of real-world assets refers to bringing non-chain items onto the blockchain. In some instances, this could mean making the ownership of an item or asset a token.

Mantra（OM +38.78％）以1層區塊鏈的身份進入市場，以支持現實世界資產（RWA）生態系統。實際資產的令牌化是指將非鏈項目帶入區塊鏈。在某些情況下，這可能意味著將物品或資產的所有權擁有。

The RWA space continues to expand, and MANTRA was touted as an enterprise-level solution to the market. However, it now looks like there may have been alternative motives as evidence continues to stack up against the platform's developers and community members.

RWA空間繼續擴展，咒語被吹捧為市場的企業級解決方案。但是，現在看來可能有其他動機，因為證據繼續與該平台的開發商和社區成員抗衡。

Why Did the MANTRA (OM) Token Crash 90% Overnight?

為什麼咒語（OM）代幣崩潰了90％？

The dust has begun to settle on the MANTRA token crash that saw the OM token drop from $6.30 down to $0.38 in less than 24 hours. The abruptness and size of these losses have left social media sleuths and crypto analysts speculating on foul play. Considering that the developers and their partners held the majority of the tokens, these allegations are warranted.

灰塵已經開始解決咒語令牌墜機事故，這使OM代幣在不到24小時內下降到$ 0.38。這些損失的突然性和規模使社交媒體偵探和加密分析師猜測犯規。考慮到開發商及其合作夥伴持有大多數代幣，這些指控是有必要的。

Main Causes Behind the MANTRA (OM) Token Collapse

咒語（OM）令牌倒塌背後的主要原因

Several reasons have led to the MANTRA meltdown that is known so far. For one, the overuse of trading bots has made instances like this more common. These automated protocols carry out trades at predetermined values. As such, they can be triggered by sudden market movements. Sadly, these bots can easily trigger a wave of selloffs.

到目前為止，已經知道的咒語崩潰導致了一些原因。首先，過度使用交易機器人使這樣的實例更加普遍。這些自動化協議以預定值進行交易。因此，它們可以由突然的市場變動引發。可悲的是，這些機器人很容易觸發一波拋售。

High-Risk Loans Fueled the OM Token Meltdown

高風險貸款加劇了OM令牌崩潰

According to exchange records, the MANTRA token holders had made some questionable maneuvers in the days leading up to the crash. It was noted that the group had taken out several high-risk loans using the OM token as collateral. This situation meant that as OM tokens began to sell, their lenders called the loans in to meet the new collateral requirements, furthering the OM death spiral.

根據Exchange Records，在撞車事故發生的幾天裡，咒語令牌持有人進行了一些可疑的操作。值得注意的是，該集團使用OM令牌作為抵押品拿出了幾項高風險貸款。這種情況意味著，隨著OM令牌開始出售，他們的貸方撥款貸款以滿足新的抵押要求，從而進一步促進了OM死亡螺旋。

After a period of stability, the OM token began to drop rapidly as several large liquidity providers began dumping the token on exchanges. In the days leading up to the crash, the token dropped 20% to $5.

經過一段時間的穩定，隨著幾個大型流動性提供者開始在交流上傾倒令牌，OM令牌開始迅速下降。在墜機事故發生的幾天裡，令牌下跌20％至5美元。

From there, a 90% drop saw the token fall to lows of $0.38 before it began to recover slightly. However, despite bouncing back to $1.26 at the time of writing, these losses have caused significant investor frustration.

從那裡開始，下降了90％的下降，即使下降到$ 0.38，然後才開始稍微恢復。但是，儘管在寫作時彈跳回到1.26美元，但這些損失卻引起了巨大的挫敗感。

Many believe that the company and its partners were involved in insider trading. However, the CEO, John Mullin, denied reports suggesting that anything nefarious was behind the sudden losses.

許多人認為，公司及其合作夥伴參與了內部交易。但是，首席執行官約翰·穆林（John Mullin）否認了報告，暗示任何邪惡的事情都是突然損失的背後。

This denial has been met with skepticism as blockchain analysts pointed out that the two main culprits in the crash, Laser Digital and Shorooq, were investors in the MANTRA Ecosystem Fund (MEF). Notably, the fund secured $109 million since it was announced in April.

這種否認已引起懷疑論，因為區塊鏈分析師指出，墜機中的兩個主要罪魁禍首是Laser Digital和Shorooq，是Mantra生態系統基金（MEF）的投資者。值得注意的是，自4月份宣布以來，該基金獲得了1.09億美元。

Source – X

來源 - x

Laser Digital

激光數字

Laser Digital, backed by Nomura, has been a strategic partner of MANTRA since May 2024. The group provided support to the project and held a significant portion of OM tokens before the crash.

自2024年5月以來，由野村（Nomura）支持的Laser Digital一直是咒語的戰略合作夥伴。該集團為該項目提供了支持，並在墜機前持有了OM令牌的很大一部分。

What makes the situation precarious is that right before the crash, it’s alleged that Laser Digital moved $227M in OM tokens to the CEXs Binance (BNB) and OKX. In total, 43.6 million OM tokens were moved from wallets that are allegedly controlled by Laser Digital.

使情況不穩定的原因是，據稱激光數字將OM令牌兌換為CEXS Binance（BNB）和OKX。總共有4360萬個OM令牌從據稱由Laser Digital控制的錢包中移動。

In addition to this, another independent source, ZachXBT, has shared evidence of a sharp uptick in OM-collateralized loan requests by connected wallets prior to the crash.

除此之外，另一個獨立的消息來源Zachxbt共享了墜機之前已連接的錢包中OM合併貸款請求的急劇上升的證據。

Shorooq Partners

Shorooq合作夥伴

Shorooq Partners is another MANTRA investor that allegedly made some questionable maneuvers prior to the losses. According to LookonChain data, a wallet that was tied to the company’s founding partners, Shane Shin, received a transfer equaling 2M OM tokens on April 13, just hours before the crash.

Shorooq Partners是另一個咒語投資者，據稱在損失之前進行了一些可疑的操作。根據Lookonchain數據，與公司創始合作夥伴Shane Shin相關的錢包在4月13日（就在墜機事故發生前幾小時）收到了相當於2M OM令牌的轉讓。

In response to these allegations, Shorooq Partners stated that these were wallet-to-wallet transfers within their community.

為了應對這些指控，Shorooq Partners表示，這些是其社區內的錢包到毛圈的轉讓。

Did MANTRA Plan the Crash? Token Supply and Inflation Moves

咒語計劃了墜機事故嗎？令牌供應和通貨膨脹移動

There are others who say this scam has been in the works for some time. They noted that back in October 2024, MANTRA doubled the total supply of tokens. This maneuver raised the token total from 888,888,888 to 1,777,777,777 OM tokens. Additionally, they eliminated

還有其他人說這種騙局已經進行了一段時間。他們指出，早在2024年10月，咒語使代幣的總供應量翻了一番。這種操作將令牌總數從888,888888提高到1,777,777,777 OM令牌。此外，他們消除了