OKX Suspends OM Accounts Following Discovery of Price Manipulation

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 13 2025

OKX's Response to Price Manipulation: OKX has suspended trading and taken control of multiple accounts involved in manipulating the OM token's price, leading to a significant market drop and user losses on December 13, 2025.
Market Impact and Community Reaction: The manipulation resulted in a sharp decline in OM's price, with a 67.76% drop over 90 days, prompting criticism from community leaders like MANTRA's CEO regarding the timeline of OKX's actions.
Regulatory Implications: Ongoing investigations by regulatory authorities may lead to stricter oversight of cryptocurrency exchanges, potentially affecting trading volumes and liquidity for tokens like OM.
Current Market Status: As of December 13, 2025, OM trades at $0.07 with a market cap of $81.92 million, reflecting the token's volatility amid recent events and the broader implications for decentralized finance.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

OKX Suspends OM Accounts Following Discovery of Price Manipulation

About the author

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