- Crypto.com finds itself in a bit of a cosmic kerfuffle after printing70 billion CRO tokens—despite promising to send them into the fiery depths of a token burn. 🚀🔥
- Just as CRO tokens danced a35% jig following a partnership with Trump Media, whispers of scam-ery refuse to fade into the background. 💃🔍
In a twist that could only happen in the wacky world of crypto, Crypto.com is now under the magnifying glass for what some are calling “financial shenanigans.” 😲
This curious spectacle unfolded right after CRO tokens took a35% leap, a jump prompted by the announcement of a partnership with Trump Media. Their grand plan? To dabble in ETFs linked to Cronos, Bitcoin, and other shiny digital assets. 🌟
However, this deal, much like a UFO sighting, remains unconfirmed and would need a nod from the SEC to become anything more than a tantalizing rumor. 👽
ZachXBT and the Great Token Reissue Caper
Enter ZachXBT, a blockchain sleuth known for his knack for sniffing out crypto tricksters. He’s pointed a rather accusatory finger at Crypto.com, claiming they’ve magicked70 billion CRO tokens back into existence, a move that contradicts their2021 promise of a permanent token bonfire. 🔎🔥
ZachXBT’s reveal came hot on the heels of Crypto.com’s star-studded partnership with Truth Social, Trump Media’s very own social media playground. His words, echoing through the digital ether, were nothing short of a mic drop:
“CRO is no different from a scam. Your team just reissued70B CRO a week ago that was previously burned ‘forever’ in2021 (70% total supply) and went against the community’s wishes as you control the majority of the supply.”
As you might expect, the crypto community didn’t take kindly to this revelation, feeling as betrayed as if they’d been promised a trip to Mars only to end up in a backyard tent. 👩🚀⛺
Previously, Crypto.com had solemnly vowed these tokens were gone for good, a sacrifice to the gods of deflation and trust. Yet, blockchain records now tell a different story, painting a picture of market manipulation. 🎨
Community’s Collective Eyebrow Raise
Critics are scratching their heads, wondering why Truth Social didn’t aim for the more reputable likes of Coinbase, Gemini, or Kraken, instead of getting tangled up in Crypto.com’s latest controversy. 🤔
Gem Insider, a voice in the crypto wilderness, chimed in with a quip:
“CRO’s out here doing a full180 like it’s auditioning for The Real Scams of Crypto.”
Rumors swirl that Crypto.com’s CEO, Kris Marszalek, might have pulled some strings to seal the deal with Truth Social. X user Solionxbt cheekily suggested:
“Kris must be lobbying hard.”
And let’s not forget the visual commentary:
Despite the storm of controversy, Crypto.com remains tight-lipped, leaving its reputation dangling like a loose thread on a spacesuit. Meanwhile, CRO tokens, seemingly unfazed, have shot up over25% in the last day, trading at a rather robust $0.103, according to CoinMarketCap. 📈
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2025-03-25 17:32