Eric Adams’s crypto coin crashes soon after launch, sparking scam... | Quick News Summary
Автор: QuickBriefUK
Загружено: 2026-01-15
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Breaking news summary: Former NYC mayor Eric Adams launched a cryptocurrency token called the NYC Token, which quickly crashed in value after its launch, leading to accusations of a scam. The token, promoted as a tool to combat anti-Americanism and antisemitism, saw a suspicious $2.5 million withdrawal from a connected digital wallet after its value peaked at $580 million. Cryptocurrency experts have accused Adams and the token's backers of a "rug pull" scam, where they sell off investments abruptly, leaving the token worthless. Despite claims of liquidity rebalancing, critics argue that the actions taken indicate a deliberate move to deceive investors. The situation has raised questions about the transparency and legitimacy of the NYC Token and its creators, highlighting the risks associated with investing in cryptocurrencies.
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