Crypto.com Faces Backlash | Trump Family Walks Away from Deal
A significant uproar surrounds Crypto.com as the Trump family backs out of a deal tied to a massive stash of CRO tokens. This move leaves many questioning the integrity of the company amid allegations of improper dealings and dissatisfaction among crypto holders.
Unraveling the Deal
In 2025, Crypto.com controversially decided to "unburn" 70 billion CRO tokens, ostensibly to strengthen market position. However, it has now surfaced that the unburning aimed to secure funding for a deal involving the Trump family. The intention was to position CRO as the primary token for Truth Social while aiding a stock purchase from Trump Media.
Following the announcement, Kris, a prominent figure at Crypto.com, attempted to frame the partnership as beneficial, claiming the Trump family would hold a significant stake in CRO. Now that the family has exited the deal, comments like "RIP to the CRO holders" reflect the discontent brewing within the community.
Community Sentiment
The latest commentary from forums emphasizes three driving factors:
Distrust in Leadership: Commenters express deep mistrust towards Crypto.com's management strategies. One user stated succinctly, "Everyone should have learned from that and stayed the fuck away from CRO."
Investors' Anguish: Many users feel trapped and shocked by their continued losses. As one pointed out, "I’ve watched $750 turn to $60 and every time I check its cents lower."
Perception of Shadiness: Users are increasingly labeling the situation as dubious, highlighting potential scams within the organization. A user sarcastically noted, "Shady scammers doing deals with other shady scammers, what could go wrong?"
"The timing seems fishy, given recent token performance."
Key Takeaways 🔍
🚫 70 billion tokens unburned under allegations tied to bribery
💔 Trump family withdraws, leaving many feeling betrayed
🤨 Comments reflect distrust and frustrations with the platform
As the crypto market continues to be volatile, the fallout from the failed Crypto.com-Trump family deal raises critical questions about the platform's future. With mounting skepticism, community members are calling for more transparency. Will Crypto.com adapt to avoid a further reputation decline?