It's not a secret that scam accusations have followed the crypto.com CEO for the past 9 years. Before he was even in crypto he was accused by many of scamming Ensogo users a groupon knockoff. [source].

For those that don't know the history with crypto.com scam allegations let me quickly summarize it for you: Don't worry it'll be quick.

• Scam Accusation 1: Kris and co. launch a token called Monaco to raise money for crypto credit cards. They use that money to buy the domain crypto.com. They convert the Monaco token to crypto.com Coin and kept 99% of the supply of the new token for themselves. Yes really they issued a new token forced Monaco holders to convert and kept 99% of the supply of the new token for themselves.
• Scam Accusation 2: Kris proceeded to offer Credit Card rewards to CDC users forcing them to buy the newly minted CRO from CDC and lock it up for those rewards, almost certainly knowing the rewards they were offering weren't sustainable. They later cut the rewards costing everyone that bought the token for those rewards a lot of money.
• Scam Accusation 3: In 2021 CDC burned 70B CRO as a marketing gimmick in an attempt to pump the value of the remaining CRO largely in their possession. Then telling people to buy CRO saying the supply was 30B. In 2025 they ran and independently controlled the outcome of a "governance vote" to unburn those 70B CRO. Remaking the supply 100B

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The Claim

So with that brief overview lets take a look at this new questionable marketing claim from Crypto.com.

The company will also have access to a further $5 BILLION LINE OF CREDIT from Yorkville to, yes, you guessed it right, acquire even more CRO [source]

With this statement crypto.com is flooding the internet with claims that Trump Fam will have a line of credit to buy $5B in MCGO stock with the entity behind MCGO then using those "funds" to buy stock. A huge statement for a token that has a circulating supply of $10B after the most recent pump.

So lets look at the facts of this claim and see what we can deduce.

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The Facts

Statements like this are often just marketing:

Most obviously, having access to a $5B line of credit doesn't mean it will be used. You might have access to a Home Equity LOC right now that you could use to buy Bitcoin. That doesn't mean you're using it though.

But... Lets assume they do actually plan on buying CRO, does YORK really have the funds to lend out?

2. The public portion of the company that could be providing the line of credit are barely worth a combined $500M fully diluted marketcap, but the private equity portion is going to be giving a $5B LOC?

• YORK: MarketCap: 273M [source]
• YORKU: MarketCap: 263M [source]

It is still possible that a company without the total $5B cash on hand could still provide a $5B LOC by selling stock that was purchased at a discount via fund raising to recoup funds before buying more MCGO stock at a discount continuously diluting the holdings of the CRO stock reserve (MCGO) holders.

Ok so even if they don't have all that money now they might be able to get the funds without $5B Cash on hand by diluting MCGO holders, is the "purchasing" of CRO at the cost of stock investors actually good for CRO holders?

3. Crypto.com just approved a plan to mint 70B tokens over the course of five years.

When MCGO raises funds they then buy CRO, to add to their "reserve", do you think MCGO will

#1. Buy CRO on the open market at full price?

#2. Buy part of the 70B CRO that CDC is minting via OTC trades possibly at a discount.

If you think MCGO will be buying off the market instead of OTC and possibly at a discount (if Trump family ever has any plans to resell) and giving money directly to CDC you are simply put a fool. CDC will almost guaranteed be the one selling nearly all of the CRO to MCGO, bought CRO that has never touched the open market would not impact the price when bought beyond any marketing hype that CDC can generate from it.

Then once CRO gets added to the market which previously wasn't circulating - what happens if MCGO ever wants or needs to sell the CRO they purchased that previously wasn't ever on the market?

So the $5B really doesn't mean much for current market value other than transferring some of CDCs fresh minted CRO to a "strategic lock up entity" who may or may not sell it at a later time. Which if sold would actually impact the market very negatively later down the line.

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Takeaway

I'm not going to tell you that CRO won't pump, after all, degens pumped CRO to nearly $1 on the naming deal of a stadium. (albeit the circulating supply in 2021 was more centralized and less diluted away from CDC). But given CDCs long history of scam allegations and the fact that the current headline is most likely just a marketing blitz it's probably not a life changing play that you should buy and hold.

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If this all plays out how it looks, it will probably be wallstreet that is accusing crypto.com of scamming them in a few years, but for now it's crime season enjoy those crypto gains... while they last.