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March 19, 2025

Crypto.com Faces Backlash Over 70B CRO Re-issuance: Community Reacts

Crypto.com is facing significant criticism over a contentious vote that reversed a previous decision regarding a major token burn. The company’s CEO, Kris Marszalek, took to social media to defend the firmโ€™s stance amidst the controversy. The reversal involves the re-issuance of 70 billion Cronos tokens, previously pledged for burning. This decision has sparked outrage within the cryptocurrency community. Many users feel that the integrity of the voting process has been compromised. Investors must stay alert to the evolving sentiment surrounding Crypto.com.

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