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Crypto.com faces market manipulation allegations: ‘No different from a scam’

Crypto.com has drawn criticism for reissuing 70 billion CRO tokens, which contradicts its earlier commitment to burn them. Following a partnership announcement with Trump Media, CRO’s price spiked 35%, leading to accusations of market manipulation despite ongoing scrutiny.

Many in the crypto community are skeptical about the partnership with Truth Social, claiming that Crypto.com should collaborate with more established exchanges. Allegations against CEO Kris Marszalek suggest potential influence in securing the deal, while the mixed market sentiment around CRO raises further questions.

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