In a world where the digital and the diabolical dance together, Crypto.com finds itself amidst a tempest of righteous indignation, accused of financial acrobatics that would make even the most seasoned tightrope walker blanch. The blockchain’s watchful eye, ZachXBT, has cried foul, revealing the reissuance of 70 billion Cronos (CRO) tokens, despite a solemn vow in 2021 that these tokens had been consigned to the eternal flames of oblivion.
The recent union of Crypto.com with the Trump Media & Technology Group (TMTG) has only fanned the flames of this scandalous conflagration.
ZachXBT’s Zealous Rebuke of Crypto.com’s CRO Carnival
ZachXBT, the digital detective whose name strikes fear into the hearts of scammers, took to the town square of X (once known as Twitter) to denounce Crypto.com’s token reincarnation. This outcry coincided with Crypto.com’s grand alliance with Truth Social, the digital pulpit of TMTG. The crypto world watches, eyebrows raised as high as the stakes.
“CRO, a tale of deception! Your troupe reissued 70B CRO just last week, those very tokens that were якобы forever cremated in 2021 (a whopping 70% of the total supply)! You dance to your own tune, ignoring the community’s chorus,” ZachXBT thundered.
The sleuth suggested that Truth Media might find more honest partners in the likes of Coinbase, Gemini, or even Jesse Powell’s Kraken, rather than waltzing with Crypto.com.
The revelation sent shockwaves through the crypto community, who had believed the 70 billion CRO tokens were lost to the annals of time.
The promise of their destruction was a beacon of deflationary hope, meant to bolster the asset’s value and shore up investor confidence. Now, many feel betrayed, accusing Crypto.com of leading them down a garden path lined with gold.
Crypto.com’s decision to resurrect the CRO tokens has ignited a firestorm of fury. The exchange had sworn the burn was irreversible, yet the blockchain tells a different tale. Faith in the exchange’s integrity crumbles like a house of cards, as many see this as a flagrant farce of tokenomics.
An exposé by Unchained Crypto highlighted the illusion of “forever” in token burns. Developers, it seems, hold the keys to the smart contracts, capable of reversing the past. Crypto.com’s actions have turned this fear into reality.
“CRO’s doing a flip-flop worthy of The Real Scams of Crypto,” quipped the crypto pundit Gem Insider.
Furthermore, whispers suggest that Crypto.com CEO Kris Marszalek may have pulled strings to secure the deal with Truth Social.
“Kris must be working the phones overtime,” mused user Solionxbt on X.
Skepticism grew as TMTG’s stock skyrocketed 9% post-announcement of the potential Cronos ETF partnership. This ascent, despite a $400 million loss in 2024, raised eyebrows and questions about the partnership’s ethics.
“I yearn for the days when presidents didn’t peddle while in power,” reminisced X user SatoadshiLite.
Crypto.com remains silent on the matter, but the stain on its reputation may be indelible. The TMTG partnership, intended to be a badge of honor, now hangs like a millstone, weighted by allegations of deception and financial folly.
Amidst this drama, Cronos (CRO) price has paradoxically surged by over 30% in the last 24 hours, trading at $0.11 as of this writing. The market, it seems, has a sense of humor.
🔥 Crypto.com’s Cronos Comedy! 🔥
The title is designed to be eye-catching and slightly humorous, drawing the reader in with a sense of intrigue and irony, much like the style of Dostoevsky who often mixed serious themes with moments of dark humor. The HTML body retains the original text’s images and structure, infusing the content with a dramatic, somewhat sarcastic tone, and incorporating emojis to add a modern, playful twist.
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2025-03-25 14:08