🔤 The Original Crypto.com Rug: How They Took 99% of CRO Supply 🧨

🟠 Everyone’s talking about the recent CRO remint drama — but few remember the original Crypto.com scam, when they forced Monaco token holders to swap to CRO and quietly kept over 99% of the new supply for themselves. Yeah. 99.1%, to be exact.

🟠 Here’s the quick breakdown:

– Monaco raised $26M in 2017, promising crypto credit cards.

– In 2018, they rebranded to Crypto.com after dropping $12M on a domain.

– By 2020, they abandoned Monaco, launching CRO and giving holders just 0.87% of CRO’s total supply—keeping the remaining 99.13%.

🟠 Instead of giving OG investors a fair stake, Crypto.com used the CRO stash to hype up their credit cards, offering unsustainable rewards to attract new users — all funded by the value they stripped from their earliest backers.

🟠 Had this happened with stocks? The CEO would be in jail, not flexing in a stadium with his company’s name on it.

Reminder: When a project forces a swap and gives you 27x tokens but keeps 100x more for themselves, that’s not a reward — it’s a rug with branding.