Less than an hour after its launch, Adams' $NYC Token appeared to have lost most of its value in what some are calling a rug ...

Online observers noted that the sudden collapse bore the hallmarks of what is known as a “rug pull” — similar to a ...

On-chain data revealed that a wallet linked to the token's deployer removed $2.5 million in liquidity, prompting accusations ...

Officials tied to the venture insisted no money had been stolen, but the withdrawal caused the coin’s value to plunge.

Former New York mayor Eric Adams hawked the “NYC Token,” a meme coin that he claimed would be used to fight “anti-Americanism ...

Former NYC Mayor Eric Adams has come under fire after his new cryptocurrency token crashed just hours following its launch on ...