Mantra publicly clashed with the OKX alternate relating to the upcoming migration of its OM token, accusing the platform of spreading deceptive data. On his X account, Mantra CEO John Patrick Mullin urged customers to not depart their OM tokens on OKX, criticizing the alternate’s dealing with of the method. He argued that customers ought to resort to self-custody, suggesting an issue of belief or negligence on the a part of the middleman.
The battle erupted when OKX introduced that the OM swap would happen between December 22 and 25, a declare that Mantra instantly refuted, citing governance paperwork indicating that the migration can’t occur earlier than January 15. The Mantra-OKX dispute arises at an important second, as OM is transitioning from its Ethereum format to a local Mantra Chain token. Mullin identified that OKX has remained silent for months and has not coordinated the change with the venture, not like different exchanges, producing nice uncertainty amongst OM holders.
On December 5, 2025, OKX revealed a press release entitled “OKX to help OM crypto migration”. This assertion contained a number of factual errors and misrepresentations not current in official MANTRA governance proposals. We’re extremely involved by this growth, which reveals…
— JP Mullin (,
) (@jp_mullin888) December 8, 2025
There’s nonetheless no public response from OKX, and the state of affairs leaves OM customers caught in the course of contradictory data. Trade observers view this dispute as a case research on how misalignment between token issuers and exchanges could cause confusion, particularly throughout migrations that require exact synchronization. The group have to be attentive to OKX’s response and the precise technical progress of the migration in January.
Supply: https://x.com/jp_mullin888/standing/1998004138140217619
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