Skip to main content
Sign in

Manta Network

avoid.net/manta-network→44/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·3CbVt6…Yo4J

Summary

Manta Network is a modular zero-knowledge blockchain platform consisting of Manta Pacific (an Ethereum L2) and Manta Atlantic (a Polkadot parachain being deprecated as of August 2026). The project launched its MANTA token in January 2024, an event marred by a large-scale DDoS attack on its RPC infrastructure and concurrent allegations — sourced from on-chain data and social media, not regulatory or court filings — that a Korean business development representative dumped 2 million ecosystem tokens at launch. No formal criminal charges or regulatory actions against Manta Network or its founders have been identified as of mid-2026.

Connected Entities

1 entities
Organizations
□Manta Network
Relationships
  • + 8 more
Have evidence about Manta Network?

Timeline(13 events)

2020

Manta Network founded by Victor Ji, Kenny Li, and Shumo Chu via p0x Labs.

Binance Square / Crunchbase

19 July 2023

p0x Labs raises $25 million Series A co-led by Polychain Capital and Qiming Venture Partners, valuing the company at $500 million. Manta Pacific testnet launched.

CoinDesk

September 2023

Veridise completes ZK circuits security audit of Manta Network, reporting no critical, high, medium, or low severity findings.

Veridise audit archive

18 January 2024

MANTA token generation event. Token listed on Binance, Bithumb, and KuCoin. A DDoS attack sends 135+ million requests to Manta Pacific RPC servers, degrading user access. Allegations surface on social media that the Korean BD representative sold 2 million ecosystem tokens within minutes of Bithumb listing, converting proceeds to approximately 2,094.7 ETH ($5.16 million).

CoinDesk / CoinGape

18 January 2024

Manta Network officially responds to Korean BD allegations, stating the 3 million token transfer was a legitimate ecosystem fund allocation for South Korean market expansion.

CryptoNews.net

20 January 2024

Manta Network announces gas fee reimbursement program for users affected by elevated gas costs during the DDoS attack window.

Manta Network Medium (official)

12 March 2024

MANTA token reaches all-time high of approximately $4.10.

CryptoRank price history

2025

MANTA prestaking officially launches, allowing token holders to delegate to Symbiotic operators as part of dual-layer fast finality system.

CoinMarketCap / Manta Network updates

August 2025

Manta Network announces strategic pivot toward enterprise-grade, regulatory-compliant DeFi and real-world asset (RWA) tokenization.

Quickex / CoinMarketCap

October 2025

Manta Labs chain-agnostic consumer app incubator announced.

CoinMarketCap updates

15 May 2026

Binance delists the MANTA/FDUSD spot trading pair citing low liquidity and declining trading volume.

TradingView / Invezz

July 2026

MANTA/USDT pair delisted from Phemex.

Search result aggregate

August 2026

Manta Atlantic Polkadot parachain officially deprecated. All development consolidated on Manta Pacific.

Manta Network official FAQ / TradingView
Provenance & Audit Trail
Anchored on SolanaVerify on-chain17 Wayback Archives

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (5 events). 17 of 20 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 5/14/2026, 4:35:33 AM

last updated: 8/25/2026, 8:05:34 AM

avoid.net — verified advice for a post-truth world