The approval of 70 billion CRO tokens re-issuance, secured by a sudden influx of 3.35 billion CRO votes on the final day, was met with outrage. Many CRO holders accused Crypto.com of leveraging its control over validators to force the proposal through, eroding trust in the platform and setting a dangerous precedent for future governance votes.

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The approval of 70 billion CRO tokens re-issuance, secured by a sudden influx of 3.35 billion CRO votes on the final day, was met with outrage. Many CRO holders accused Crypto.com of leveraging its control over validators to force the proposal through, eroding trust in the platform and setting a dangerous precedent for future governance votes.

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'They [Crypto.com] pushed their votes almost at the last minute. And now they created a precedent that other projects could follow,' Unchained reported, citing a community member on Telegram.
This sudden surge was the last insult to injury in the minds of aggrieved CRO holders who feel that trust has been broken between themselves and Crypto.com.

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Aftermath of the voting process for the re-issuance of 70B CRO tokens

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