PANews reported on March 25 that ZachXBT, an on-chain detective, said that the Crypto.com team recently re-issued 70 billion CRO tokens that it 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.
ZachXBT questions Crypto.com’s re-issuance of destroyed CRO, accusing it of being a scam
- 2025-03-28
ETH falls below $2,000, down 0.30% on the day
- 2025-03-28
Justin Sun is on the cover of Forbes English Edition: The Crypto Billionaire Who Helped the Trump Family Earn $400 Million
- 2025-03-28
PANONY x Web3.com Ventures Live Space “East-West-Tech” Episode 1: “Stablecoin” Live Broadcast
- 2025-03-28
Dolomite Expands to Bitcoin Network via Botanix Labs’ Spiderchain
- 2025-03-28
Market: CRO rose 11.94% in the day, and IMX fell 3.20% in the day
- 2025-03-28
Arthur Hayes: April will be a turning point for the market, and global liquidity will explode again