ZachXBT Accuses Crypto.com of Betraying Trust Over 70B CRO Reissue
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The sudden re-issuance of 70 billion tokens has dramatically altered the tokenomics, leading to accusations that Crypto.com has engaged in misleading practices.
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Unchained Crypto, who was among the first to report the issue, noted that Cronos Labs, a Crypto.com subsidiary, decided to reissue 70 billion CRO as part of a broader plan to establish a “Strategic Reserve.”
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Expanding on his criticism, ZachXBT pointed out that investors had bought CRO under the assumption that its supply was permanently capped at 30 billion tokens.
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