Is Crypto.com fraud? ZachxBT calls Cro a scam

Despite great opportunities, fraud and scam lurk in the cryptom market. Projects with promising promises often turn out to be deception. The risks are enormous – losses can occur quickly. But if you carefully check information, read white paper, question teams and analyze on-chain data, you can protect yourself well. Critical thinking and independent research are crucial.

ZachxBT is an anonymous blockchain investigator, known for his detailed examinations of crypto fraud and hacks. This reveals scandals, helps sacrifice, get back, and warns of dubious projects. The quite precise analyzes and integrity make it serious and popular in the crypto community. But now ZachxBt is turning to a leading crypto exchange.

Crypto.com was founded in Hong Kong in 2016 and has its headquarters in Singapore today. The platform offers crypto trading, credit cards, staking and defi services. This was founded by Kris Marszalek with the aim of making cryptocurrencies accessible worldwide.

Is Crypto.com fraud and the native token of the cronos-chain cro a scam? And what does Donald Trump have to do with it?

Criticism of Cro: Top expert sees Scam

The blockchain analyst ZachxBT expressed sharp criticism of the Cro token after the company has reissued 70 billion cro tokens-tokens, which were officially “forever” burned in 2021. At that time, these tokens corresponded to 70 percent of the total amount. The step was carried out without the consent of the community, since Crypto.com has enough of its own tokens to enforce governance decisions alone.

ZachxBT sees this a targeted dilution of CRO, since the circulating offer previously only amounted to 27 billion. According to Cronos Labs, the new reserve, which contains more than twice as many tokens as the circulating stock, should enable the development of its own ETF. For ZachxBT it looks like a classic scam: burned tokens were brought back contrary to all the promises, control over the governance is with a central player and the community will be ignored.

CRO is no different from a scam

Your team just reissued 70B CRO a week ago that was previously burned “forever” in 2021 (70% total supply) and went against the community wishes as you control majority of the supply.

Unsure why Truth would chose a partnership with your exchange… pic.twitter.com/XNlusLDdZc

— ZachXBT (@zachxbt) March 25, 2025

Even long -standing supporters of Cro expressed criticism of the decision of Cronos Labs. The crypto expert @wyll_bbk, known for his previously positive attitude to the cronos blockchain, publicly drawn a clear border for the first time. He compared the procedure with the monetary policy of the US Federal Reserve, which can print money freely after its desire: “Has Cronos just played the role of the Federal Reserve?” The return of already burned token is a fundamental breakdown. A burn should be final – tokens that have been destroyed should not simply appear again. The central accusation weighs particularly hard for him: If this proposal goes through, this is the final proof of strong centralization in the cronos ecosystem.

Crypto.com & Trump Media Start ETFs together

However, the Cronos blockchain recently entered into a strategic cooperation with the Trump Media & Technology Group (TMTG). The goal of the partnership is to develop several stock markets traded in the stock market, which are under the guiding principle “Made in America”. Digital assets and traditional stocks from various industries are to be included. The focus is particularly on its own crypto basket, which, in addition to Bitcoin, should also contain the cro-token from Crypto.com. According to TMTG, the introduction of the ETFs is still planned for this year. This marks a milestone for Crypto.com: For the first time, the in -house token Cro becomes part of a market -traded financial product.

CEO Kris Marszalek described the collaboration with TMTG as a significant step for the broader acceptance of CRO in the institutional area

Proud to partner with @realdonaldtrump’s Truth Social on a series of ETFs, including the world’s first ETF with $CRO https://t.co/OqWl1K1o8v

– Kris | Crypto.com (@kris) March 24, 2025

However, there are almost exclusively critical voices under the corresponding post on X. Users criticize the lack of transparency, accuse Crono's centralization and see a breach of trust in the community in the withdrawal of burned token.

Nevertheless, the course recently reacted positively. Cro increases by 40 percent in a week and significantly reduces losses in 2025. In the long term, the discount to all -time high remains immensely. Cro today notes around 90 percent below the record high, which was reached in 2021.

Crypto tip: Solaxy wants to do Solana better-now buy cheap Solx

In the meantime, there are also new opportunities at the cryptom market – because new projects sometimes want to bring clear improvements and pursue concrete goals. Solaxy has already collected over $ 27.5 million in the current presale-a strong signal for the trust of the community. The ambitious goal of the project: to make Solana more efficient, more stable and scalable through a Layer 2 solution. Solaxy thus pursues a way similar to Ethereum, which relieves the main chain through Layer-2 technologies such as Rollups and handles transactions faster and cheaper.

Despite high performance, Solana is one of the blockchains that reach limits when the network is high. Again and again there were bottlenecks that were caused by bot activities, among other things. This is where Solaxy comes in: The planned layer 2 architecture should compensate for exactly these weaknesses. Rollups bundle transactions outside the Solana blockchain and transmit them back compressed. This can reduce fees, reduce latencies and increase stability.

The Solaxy developers rely on transparent project communication and regular progress reports. The latest innovations include improved wallet integration, an optimized launch pad for token emissions and a revised roll-up structure. In addition, it is worked on a separate bridge UI, which should enable the seamless token transfer between Solana, Ethereum, Base and Solaxy. It is precisely this transparency that is likely to bring trust and take off Solaxy from Cros of the latest behavior.

The native token Solx is currently being offered in the Presale. Early buyers benefit from an increasing price model and a staking return of around 145 percent APY. The acquisition takes place directly via the project page – including ETH, USDT, BNB and Sol.