🚨 The warning signs were on the marketing page.
New reporting: Crypto.com spent months pushing Tectonic — staking "up to 100% APY", TONIC Visa spending at 80M merchants — right before the protocol nearly drained tens of millions and Cronos validators rewound the chain.
The TONIC oracle listed only TWO price sources: VVS Finance and Crypto.com itself.
Exchange endorsements are distribution deals, not due diligence.
$CRO
New reporting: Crypto.com spent months pushing Tectonic — staking "up to 100% APY", TONIC Visa spending at 80M merchants — right before the protocol nearly drained tens of millions and Cronos validators rewound the chain.
The TONIC oracle listed only TWO price sources: VVS Finance and Crypto.com itself.
Exchange endorsements are distribution deals, not due diligence.
$CRO