Press release
Crypto.com customers unite objecting to yet another unfavorable move by Hong Kong based Crypto.com
CDC Customer Alliance
Berlin, Germany, Monday September 7th 2020 – On the 3rd of August, Crypto.com announced the effective cancellation of their initial ICO token MCO. In the so called “MCO to CRO swap program”, crypto.com informed its customers and investors out of the blue that all utility of the MCO token will expire on the 2nd of November 2020. Under these conditions, MCO token holders may swap their MCOs at the swap rate of 27.6439 CRO per MCO token. This rate has been unilaterally defined by Crypto.com and could not be more unfavorable according to the view of CDC Customer Alliance GbR. As Crypto.com is aware of the very unfavorable procedure, they offer a so called “swap bonus” of 20% which is connected to several disadvantageous T&Cs towards the MCO token holders.
As this is not the first time that Crypto.com has applied changes to their business model which are not favorable for the initial MCO token investors, the time has now come for a joint effort to defend the rights and interests of MCO token investors and Crypto.com customers. One has to understand that we are looking at a potential case of investment fraud, as Crypto.com has repeatedly praised the MCO token as the value behind the ecosystem and predicted exponential price development due to the token's attributes. Furthermore, the person that identifies himself as the CEO of “Crypto.com”, Kris Marszalek publicly stated in a video that:” But in no point in time will there be a swap from MCO token to CRO token”. (Source: https://www.youtube.com/watch?v=jH1BCa4quGA&t=971s)
The CDC Customer Alliance GbR has now launched the website https://cdcalliance.com in order to provide detailed information about the whole incident and sensible calculations for a reasonable MCO to CRO token swap rate. As Crypto.com has denied reasonable talks about this issue, CDC Customer Alliance GbR is in the process of court proceedings against one of the companies which is part of the Crypto.com system and is planning litigation in various other jurisdictions such as Hong Kong.
We encourage MCO token holders and investors to join us and defend their rights!
CDC Customer Alliance GbR
Liebknechtstr.38
08523 Plauen – Germany
Phone +49 175 5595 777
contact@cdcalliance.com
https://cdcalliance.com
The CDC Customer Alliance GbR is a Partnership of currently over 100 Partners who are all investors in the MCO token and customers of Crypto.com. Our goal is to defend our rights as investors and customers against unilateral decisions of Crypto.com to our disadvantage.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Crypto.com customers unite objecting to yet another unfavorable move by Hong Kong based Crypto.com here
News-ID: 2129784 • Views: …
More Releases for MCO
Reptile Leather Market: Key Strategies to Use to Dominate Globally | Amtan, MCO, …
This comprehensive Reptile Leather report offers a deep dive into the global market, encompassing a wide spectrum of analyses to equip you with a profound understanding of its dynamics. Beyond the standard SWOT analysis, our study incorporates a diverse range of analytical approaches, including the insightful PESTLE analysis, qualitative and quantitative assessments, absolute dollar opportunity analysis, and the robust Porter's Five Forces analysis. We leave no stone unturned when exploring…
Industrial Gas Semi-trailers Market Demands, Size, Share, Growth Rate and Top Co …
The Industrial Gas Semi-trailers Market research report provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets. It also offers in-depth examination about new product launches, recent developments, untapped geographies, and recent developments. Moreover, the report also provides intelligent insights on future technologies, R&D activities, and breakthrough product developments.
Get a FREE Sample Copy of this Report with Graphs and Charts at: https://www.reportsnreports.com/contacts/requestsample.aspx?name=4989977
According to…
Global Industrial Gas Semi-trailers Market Sizes 2021|Mco TRUCK & EQUIPMENT, STE …
The global Industrial Gas Semi-trailers market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Industrial Gas Semi-trailers market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of…
The MCO on tour in South America: Concerts and Educational Projects in Colombia …
A special tour takes the Mahler Chamber Orchestra (MCO) to the South American countries Colombia and Brazil in November 2010. Under the baton of Colombian conductor Andrés Orozco-Estrada, the orchestra will prepare a programme with works by Schubert, Mozart, Schittke and Haydn. Haydn’s Cello Concerto No. 1 and Schnittke’s Moz-Art à la Haydn offer MCO musicians Konstantin Pfiz (cello), Gregory Ahss (violin; concertmaster) and Eoin Andersen (violin) a good opportunity…
The MCO opens the season at its Italian residence Ferrara under the direction of …
In autumn of 2010, as every year, the MCO returns to its Italian residence city Ferrara to open the concert season there. The event features the orchestra in its very first collaboration with Italian conductor Fabio Luisi and soprano Marlis Petersen. The programme includes Schubert’s “Unfinished” Symphony, Gustav Mahler’s Symphony no.4 and Alban Berg’s concert aria Der Wein. The MCO will then travel to Spain to repeat this program in…
Slavonic Night: The MCO, Tugan Sokhiev and Viktoria Mullova in Santiago de Compo …
The Mahler Chamber Orchestra’s (MCO) summer tour to Santiago de Compostela and Grafenegg will feature an all-Slavic programme under the direction of Tugan Sokhiev. The MCO has collaborated with the young Russian conductor several times: the first time in 2004 for a production of Prokofiev’s The Love For Three Oranges, which later appeared on DVD.
This summer’s programme features Alexander Borodin’s In the Steppes of Central Asia, Sergei Prokofiev’s Violin…
