MANTRA Fights Back: CEO Outlines Recovery Plan and Community Support After OM Crash

• MANTRA CEO John Patrick Mullin thanked partners, investors, and Web3 community for support.
• The firm remains committed to long-term goals despite market turbulence and losses.
• Post-mortem report, OM token buyback, and supply burn planned to restore trust.

After weathering one of its toughest market shocks, MANTRA is showing signs of recovery. In an X post on Tuesday, John Patrick Mullin, the CEO and co-founder of MANTRA, expressed his gratitude to his partners, investors, friends, and the Web3 community for the robust support the firm had received in 36 hours. Notably, the company had faced critical challenges in the market but succeeded due to the support. 

1) A quick note to say how much I appreciate all the support the MANTRA team has received in the past 36+ hours. The support and kind words have come from many sources – from partners, investors, friends, and from the wider Web3 community. Thank you.

— JP Mullin (, ) (@jp_mullin888) April 15, 2025

The market turbulence originated from mandatory liquidation procedures affecting major OM token holders. Many cryptocurrency traders suffered significant financial losses following an important event on an …

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