OKX Seizes OM Accounts and Suspends Trading After December 2025 Manipulation Shock
On December 13, 2025, OKX froze several OM-linked accounts and halted related trading after detecting coordinated price manipulation that triggered a sharp market drop and user losses. The exchange used its Security Fund to absorb substantial losses, while OM traded around $0.07 with a market cap of $81.92 million amid heightened volatility and potential regulatory scrutiny.