{"id":4341,"date":"2025-04-22T11:59:00","date_gmt":"2025-04-22T10:59:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4341"},"modified":"2025-04-22T11:42:04","modified_gmt":"2025-04-22T10:42:04","slug":"mantra-ceo-initiates-burning-150-million-om-tokens-following-scandal","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/mantra-ceo-initiates-burning-150-million-om-tokens-following-scandal\/","title":{"rendered":"Mantra CEO Announces Burn of 150 Million OM Tokens After Scandal"},"content":{"rendered":"\n

Mantra CEO Engages in Massive OM Token Burn<\/strong><\/h2>\n\n\n\n

In a bold move to restore confidence<\/strong> in the Mantra network, its founder and CEO, John Patrick Mullin, has initiated the process of withdrawing and burning 150 million<\/strong> of his own OM tokens<\/a>. This decision comes after the token OM’s price plummeted by over 90%<\/strong> last April, shaking the community’s trust.<\/p>\n\n\n\n

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@jp_mullin888<\/a> CEO and Founder is burning his allocation of team tokens. For more and why, read on.https:\/\/t.co\/Ttll5gPj3S<\/a> pic.twitter.com\/QpmqkNB6Jy<\/a><\/p>— MANTRA | Tokenizing RWAs (@MANTRA_Chain) April 21, 2025<\/a><\/blockquote>