Crypto Acquisitions Target Teams and Tech, Not Tokens, Sparking Investor Outcry

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Investor sentiment in the crypto market has turned sour as major firms increasingly acquire teams and IP without compensating token holders. Recent deals like Circle’s buy of Interop Labs, Kraken Ink’s acquisition of Vertex Protocol, and pump.fun’s takeover of Padre have drawn sharp criticism. Aave Labs also faces backlash after integrating CoW Swap, with Aave DAO members accusing the team of diverting fees. The trend is fueling concerns about token holder rights and is reflected in a rising fear and greed index among investors.
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