⚠️ URGENT: Withdrawal Alert from Mantra CEO
The CEO of Mantra, John Patrick Mullin, has publicly urged all OM holders to withdraw their OM tokens from the exchange OKX immediately.
The warning came after OKX published a notice describing a migration schedule (Dec 22–25, 2025) that Mantra says is inaccurate and conflicts with the official migration timing — the migration can only begin after the ERC-20 OM token deprecation on Jan 15, 2026.
According to Mantra, OKX has had no communication with the project since April 13, 2025 — the date that the OM token experienced a severe crash of over 90% in value.
---
✅ What this means for OM holders now
Keeping your tokens on OKX may expose you to migration confusion or delays, or even losing access if the exchange’s timeline proves incorrect.
With Mantra urging self-custody, this underlines the popular crypto adage: “Not your keys, not your coins.”
If you hold OM on OKX — consider withdrawing to a wallet you control, then follow the official migration instructions from Mantra directly.
---
📢 Context / Background
The OM token plummeted over 90% on April 14, 2025 — an event that shook confidence in the project and raised questions about centralized exchange-driven liquidations.
Mantra has repeatedly denied internal wrongdoing, attributing the collapse to forced liquidations on exchanges.
