Adams' NYC Token crashes after launch, fueling scam accusations

TL;DR Summary
Former New York City mayor Eric Adams launched the meme cryptocurrency NYC Token, whose value crashed soon after its debut, sparking fraud accusations and scrutiny of the venture; Adams had pitched the token as a tool to fight anti-Americanism and antisemitism.
- Eric Adams’s crypto coin crashes soon after launch, sparking scam accusations The Washington Post
- Pitching Crypto and Needling Mamdani: Adams’s Post-Mayoralty Takes Shape The New York Times
- Former New York City Mayor Rug Pulls Community? Eric Adams' NYC Token Plunges 81% Yahoo Finance
- Eric Adams' meme coin launch sparks scrutiny after fast crash Newsday
- Eric Adams’ next act is exactly what you thought it might be Politico
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