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Former NYC Mayor Eric Adams accused of $2.5 million crypto ‘rug pull’ as his NYC Token crashes - The Verge

Former NYC Mayor Eric Adams is facing allegations of a crypto rug pull after his new NYC Token soared to a $580 million market capitalization before quickly crashing.

By:Emma Roth
Source:The Verge
Published:
Former NYC Mayor Eric Adams accused of $2.5 million crypto ‘rug pull’ as his NYC Token crashes - The Verge
The NYC tokens value peaked at about $580 million, before dropping to $130 million. The NYC tokens value peaked at about $580 million, before dropping to $130 … [+2753 chars]

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