If you weren’t living under a rock in 2025 you probably remember crypto.com unanimously deciding to “unburn” and give themselves 70B in CRO tokens. Well it later came out part of that was to bribe Trump family by giving them Billions in CRO for them to make the “worlds largest CRO treasury company”. Yep…. Unfortunately that was really a thing.
Welp… eventually it came out that unburn was partially to facilitate a bribe in which CDC would give Trump fam a sh*tload of CRO and buy Trump Media stock and exchange CRO would be the pioneer token for Truth Social. Well after the announcement Kris took to X to make an incredibly long explanation “of the deal” and did a whole shtick about Trump being the soon-to be largest holder of CRO.
https://x.com/kris/status/196032109530914450
Welp that whole shtick just fell apart today as Trump Family formally announced they were backing out of the deal with CDC…
https://decrypt.co/375166/trump-media-abandons-crypto-treasury-prediction-market’
So that whole 70B CRO unburn that CDC spearheaded to get into bed with the US Presidents family. Well that was all for nothing and CDC can continue to dump on CRO bagholders who will get absolutely nothing in return.
I mean other than crypto.com now dumping CRO to pursue “a marketing relationship” with truth Social by buying ad space…
RIP to the CRO holders.
To Learn about the first crypto.com scam where CDC stole over 99% of CRO tokens you can read this:
submitted by /u/GabeSter [link] [comments]
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