MLN Plummets 328% Amid Fraud Probes and Sell-Off

Generated by AI AgentCryptoPulse Alert
Wednesday, Jun 18, 2025 10:45 am ET1min read

On June 18, 2025, MLN, a

digital asset
linked to a decentralized finance (DeFi) platform, experienced a historic collapse. Over 24 hours, its price plummeted 328.3% to $7.215, marking a 428.85% decline week-to-date and a 1001.83% drop month-to-date. Year-to-date losses reached 6076.19%, erasing nearly all value since the start of 2025.

Sharp Decline Triggers Regulatory Scrutiny

The rapid sell-off followed allegations of financial misconduct tied to MLN’s underlying project. Whistleblowers reportedly exposed inconsistencies in the platform’s reserve management, claiming misallocation of user funds. These accusations, if confirmed, could violate anti-fraud regulations. Regulatory authorities have since launched an inquiry into the project’s operations, focusing on transparency and compliance with asset-backed claims.

Market Impact and Project Concerns

MLN’s market capitalization fell to $2.3 billion as of June 18, down from $150 million a year prior—a stark reversal from its earlier growth phase. The decline reflects investor distrust amid unresolved questions about the project’s governance. Scrutiny has also intensified over the platform’s white paper, which analysts noted contained discrepancies regarding liquidity mechanisms and risk disclosures.

Additionally, doubts have emerged about the technical team’s credentials, with some members’ prior affiliations under investigation. This has fueled speculation about the project’s long-term viability, further pressuring MLN’s valuation.

Analysts Project Further Volatility

Analysts from the Crypto Research Group (CRG) warned that MLN’s trajectory hinges on the outcome of ongoing probes. “If investigations confirm mismanagement, confidence in the asset could remain shattered,” stated a CRG report. Analysts projected additional declines unless the project’s leadership provides verifiable evidence of operational integrity and financial accountability.

The collapse underscores growing demands for transparency in DeFi platforms, as investors increasingly prioritize regulation-compliant projects. MLN’s case has become a focal point for debates over accountability in decentralized ecosystems.


Note: All data and statements are derived exclusively from the provided compilation. Forecasts are explicitly labeled as projections.