Crypto.com did its best to buy its way to the top of the crypto industry. Its massive marketing spend, including a slick Super Bowl ad, managed to attract a peak 50 million registered users and by February 2022, it had cemented its position as a top 10 spot crypto exchanges. Unfortunately, it overextended itself. And now they need to cut cost everywhere, headcount, sponsor deals etc....... but this is going to get ugly, trust me they will be next. #crypto
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