crypto.com has hid a massive incident in the past, Zachxbt says

Crypto.com has suffered from a massive explosion in the past, according to the well-known on-chain thruth ZachxBT. His claims came on Tuesday after announcing an expanded partnership with Trump Media & Technology Group, which runs Trump’s social platform Truth Social.

Zachxbt said that it is not permitted to share details of the case at this time.

Zachxbt responded that “clearly something else” was “clearly something else” when the incident was connected to 320,000 ETH sent to an event where its competitors or chain Stablecoins reportedly lacking proper support.

Crypto.com first announced its strategic collaboration with Trump Media this April. The initial focus will focus on creating a series of exchange trade funds and products linked to US-centric industries such as Bitcoin, Chrono and Energy.

However, the exchange faced criticism for reissuing 70 billion Cro tokens burned down in 2021, and was seen as a violation of the crypto community’s expectations of decentralization and transparency.

CRO is no different from scams

Your team reissued a week before 2021 burned “forever” (70% total supply), a week ago, which violated the community’s wishes as they controlled the majority of the supply.

I don’t know why the truth chooses a partnership with your exchange…pic.twitter.com/xnluslddzc

– Zachxbt (@zachxbt) March 25, 2025

Crypto.com CEO Kris Marszalek defended the decision citing a shift in the US political situation that requires strategic and aggressive investment. Some observers raised concerns about potential voting operations given crypto.com controls most of its voting rights.

Trump Media and Crypto.com said today they are working to establish a Trump Media Group CRO strategy, a new digital asset financing company focused on accumulating CRO tokens.