‘Bitcoin Mayor’ Eric Adams Draws Crypto Backlash After NYC Token Liquidity Shock
2026-01-14
Former NYC Mayor Eric Adams launched “NYC Token” in Occasions Sq., claiming proceeds would fund efforts towards antisemitism via an unnamed nonprofit, although he supplied few technical particulars. The token’s market cap hit US$580 million earlier than crashing 80%; on-chain analysts flagged a “rug pull” after a deployer pockets eliminatedContinue Reading