**Crypto News Flash: Scroll's Token Launch Controversy**

Scroll, an Ethereum layer-2 network, faced backlash over its October token launch. Critics accused the team of "predatory" practices, claiming large allocations of SCR tokens were given to whale wallets, causing a 32% price drop on day one. Scroll's co-founder, Sandy Peng, dismissed these claims as "wild," emphasizing the need for clarity and restructuring. The network plans a follow-up airdrop, Session 2, to address community concerns. With a total supply of 1 billion SCR, Scroll aims to use the token for governance and utility as it decentralizes. The network competes with other ZK-rollups like ZKsync Era and Starknet.