Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
ZachXBT questions Crypto.com’s re-issuance of destroyed CRO, accusing it of being a scam
2025-03-25 05:14

Odaily News ZachXBT said in a post that the Crypto.com team recently re-issued 70 billion CRO tokens that they had promised to "permanently destroy" in 2021, accounting for 70% of the total supply. This move seriously violated the community consensus because the team controls most of the token circulation. ZachXBT criticized the behavior as being similar to fraud and questioned why Truth still chose to cooperate with it instead of other platforms such as Coinbase and Kraken.