Crypto.com’s partnership with Trump Media has pushed Cronos (CRO) higher, but a big controversy is brewing.

Despite the controversy, the partnership between Trump Media and Crypto.com is making waves in the crypto world.

Crypto.com's partnership with Trump Media has pushed Cronos (CRO) higher, but a big controversy is brewing. Blockchain investigator ZachXBT slammed CRO as a “scam,” accusing Crypto.com of secretly reviving 70 billion tokens that were supposedly burned forever.

Meanwhile, investors are furious, claiming the project is too centralized and their voices are being ignored. Will CRO's price continue to rise, or is trouble ahead?

Despite the partnership between Trump Media and Crypto.com causing a stir in the crypto world, with the two companies planning to launch ETFs and ETPs that combine cryptocurrencies, such as CRO and Bitcoin, with traditional securities, one partnership has been making headlines for another reason.

The partnership will see the companies launch a line of exchange-traded products (ETPs) and exchange-traded funds (ETFs) that combine popular cryptocurrencies with traditional equities.

However, blockchain investigator ZachXBT slammed CRO as a “scam” and expressed his thoughts on the partnership, saying:

"This partnership is concerning because it's siphoning attention away from the massive scam that is Cronos. Despite promising to burn 70 billion CRO forever, they've secretly reissued the tokens."

His criticism stems from Crypto.com's decision to reintroduce 70 billion CRO tokens that had been burned back in 2021. At the time, Crypto.com assured investors the tokens were permanently removed to reduce supply and boost value, leaving only 30 billion CRO in circulation. Now, the move to reissue these tokens has led to frustration and panic within the community.

At the time of the burning, officials stated that the tokens were being removed to decrease the supply of CRO and ultimately boost its value. The move was part of the platform's broader efforts to expand its ecosystem and provide users with new and innovative products.

The burning was a significant event that drew attention to the platform and its commitment to its users. It also formed part of the broader trend of token burning, which is becoming increasingly popular in the cryptocurrency industry.

However, the move to reintroduce the burned tokens has led to accusations of centralization, as many believe that Crypto.com has too much control over the Cronos blockchain.

This is despite the fact that a majority of independent validators opposed the move, with only 11.86% of the vote in favor of bringing back the tokens and 77.97% against it. Ultimately, the decision was made by a small group of insiders at Crypto.com.

CRO holders reacted quickly and strongly, with many expressing their disappointment and feeling betrayed by the move.

Well-known figure Wyll Bildeberg shared his thoughts, saying:

"This is the worst possible omen for the new year. Burned tokens shouldn't return, it's a core principle of blockchain and a common good. This is an imbalance that could shatter trust in the project and the entire crypto market."

He added: "I hope this will be quickly reversed. It's an anti-social and anti-economic decision that will bring about a chain of reactions that no one wants to see. Let's focus on cooperation and mutual benefit to create a brighter future."

Another user, a loyal supporter of Cronos, said: "I'm really enjoying the Cronos ecosystem and have no complaints about the project itself, but I'm not sure I can support a project that disregards the will of the majority and operates with such a high level of centralization."

A third user stated: "It's important to note that this move was made despite the fact that a majority of independent validators voted against it. Only a small group of insiders at Crypto.com made the decision to reintroduce the burned tokens."

Despite the controversy, the partnership between Trump Media and Crypto.com is making waves in the crypto world. The two companies plan to launch ETFs and ETPs that combine cryptocurrencies, including CRO and Bitcoin, with traditional securities.

The partnership will also see the companies co-brand and co-market products and services, and they will collaborate on joint marketing and branding initiatives.

The partnership is a natural progression of both companies' respective missions to innovate and provide value to their customers. Trump Media is focused on creating a platform where people can express themselves freely and exchange ideas, while Crypto.com is focused on providing cutting-edge cryptocurrency products and services.

Together, the two companies will create products and services that are both innovative and valuable to consumers.

The partnership is sure to be a hot topic of conversation in the coming months, and it will be interesting to see what products and services the two companies develop together.

As the partnership unfolds, it is sure to bring new and exciting opportunities for both Trump Media and Crypto.com.

The partnership is a win-win for both companies, and it is sure to be a success. It will also bring new and