CRO Surges on Trump News, but Then Gets Mired in ZachXBT Fraud Allegations
- CRO’s price has surged by half in less than two days.
- Crypto sleuth ZachXBT accuses the Cronos team of a fraudulent scheme.
- The allegations surface right after Crypto.com’s partnership with Donald Trump’s Truth Media.
The price of CRO, the token for the Cronos blockchain, saw a dramatic 50% increase in under 48 hours. This rapid climb comes as prominent crypto investigator ZachXBT has made serious fraud allegations against the Cronos team.
In a post on X, ZachXBT accused the team behind Cronos of orchestrating a fraudulent scheme. He specifically claimed that the Cronos team secretly reissued 70 billion tokens that they had publicly burned in 2021.
According to ZachXBT, this action defied the community’s wishes and allowed the team to gain control over the majority of the token supply.
Why Do ZachXBT’s Accu…
The post CRO Surges on Trump News, but Then Gets Mired in ZachXBT Fraud Allegations appeared first on Coin Edition.
Read More
Bitcoin ETFs See First $1B+ Exodus Since March; Truth Social Files for Own BTC Fund
ATOM Shows Resilience Amid Crypto Market Uncertainty
CRO Surges on Trump News, but Then Gets Mired in ZachXBT Fraud Allegations
- CRO’s price has surged by half in less than two days.
- Crypto sleuth ZachXBT accuses the Cronos team of a fraudulent scheme.
- The allegations surface right after Crypto.com’s partnership with Donald Trump’s Truth Media.
The price of CRO, the token for the Cronos blockchain, saw a dramatic 50% increase in under 48 hours. This rapid climb comes as prominent crypto investigator ZachXBT has made serious fraud allegations against the Cronos team.
In a post on X, ZachXBT accused the team behind Cronos of orchestrating a fraudulent scheme. He specifically claimed that the Cronos team secretly reissued 70 billion tokens that they had publicly burned in 2021.
According to ZachXBT, this action defied the community’s wishes and allowed the team to gain control over the majority of the token supply.
Why Do ZachXBT’s Accu…
The post CRO Surges on Trump News, but Then Gets Mired in ZachXBT Fraud Allegations appeared first on Coin Edition.
Read More
Bitcoin ETFs See First $1B+ Exodus Since March; Truth Social Files for Own BTC Fund