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ZachXBT questioned Crypto.com reissued and destroyed CRO, saying that its behavior is similar to fraud

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2025-03-25 05:13:35
ZachXBT, a detective on the chain, published an article saying 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 controlled most of the tokens in 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.
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