According to Lookonchain, five hours before the drop in the price of OM tokens, a wallet that had been asleep for a year transferred 2 million OM tokens to the suspected affiliate of Shorooq Partners founding partner Shane Shin (@KeunShane). The transfer was worth about $12.58 million at the time, and is now worth $1.57 million. Shorooq Partners is a venture capital firm that specializes in seed financing in the Middle East and North Africa.