Recently, the OM coin project has attracted widespread attention in the investment circle. However, some market observers have pointed out that the project may be suspected of manipulating the market. It is reported that the project party frequently releases favourable information, prompting investors to rush to buy, fearing they will miss investment opportunities. However, just when investors generally expected the project party to pump the coin price on Tuesday, the situation took an unexpected turn. Starting from Tuesday, a sudden wave of selling pressure appeared in the market, leading to a significant fall in the coin price. This series of operations has caused many investors to suffer serious losses, as their investments have been deeply tied up. This incident serves as a reminder to investors to remain highly vigilant in the crypto assets market, to be cautious about the information released by the project party, and to conduct thorough due diligence. At the same time, it also highlights the importance and necessity of regulation in the crypto assets market.