An independent blockchain-rayer ZACHXBT criticized the crypto officer Crypto.com for the decision to re-release 70 billion Cronos tokens (CRO)-the number of coins that were burned in 2021. In this situation, Cro tokens are no different from fraud, Zachxbt said.

An anonymous researcher wrote in X that a week ago Crypto.com has erased tokens, which amounted to 70% of the total volume of their supply. Thus, the exchange betrayed its community, violating the promise to constantly burn coins in order to reduce the quantity in circulation, Zachxbt is outraged. According to him, the decision contradicts the desires of the community, which has long been concerned about centralized control over the proposal of CRO.

Disagreements arose after the partnership between Crypto.com and the US President Donald Trump, Trump Media. The parties study the possibility of concluding an agreement on the launch of cryptocurrency exchange funds in the United States (ETF) via Foris Capital US, a Crypto.com broker-dealer.

Crypto.com CEO Chris Marszalek
Explainedthat the initial burning of tokens in 2021 became a protective measure against the background of the “hostile regulatory” in the United States. Under the Trump administration, “War with Cryptocurrencies” ended, so the Crypto.com exchange needs to accept a more “aggressive approach” to stimulate growth. Marsealek assured that re -issuing tokens is necessary to support the investment plans of the exchange and its readiness to compete with other companies.

“The burning of tokens in the first quarter of 2021 at that time was of great sense. Now we have strong support from the new US administration. For victory, aggressive investments are needed, ”Marssalek said.

In January, the Crypto.com exchange excluded the Listing in Europe Stebblecoin USDT produced by Tether, as well as nine more crypto assets. The task was to comply with the law on the regulation of cryptocurrencies in the European Union (Mica). This law entered into force in early 2025.