Summary
- OKX announced that it is preparing a report on the Mantra incident.
- It is under investigation as a significant issue that could affect the entire virtual asset market.
- Binance tentatively concluded that the Mantra crash was caused by liquidation between exchanges.
On this day, as the worst incident occurred in the virtual asset (cryptocurrency) market with a massive crash of Mantra (OM), the centralized exchange OKX is launching an investigation.
On the 14th (local time), OKX CEO Mingxing Xu stated on X (formerly Twitter), "A major scandal that could affect the entire virtual asset market has occurred," and "We plan to check all on-chain data, deposit and withdrawal records, and collateral of major exchanges and prepare a report."
Previously, Binance had tentatively concluded that the Mantra crash was caused by liquidation between exchanges.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
