All articles tagged with #eric adams
Mayor Mamdani warned of a $12 billion two-year budget shortfall, blaming former Mayor Adams for underfunding key services and pressing lawmakers to raise taxes on the wealthiest New Yorkers and corporations; while some experts acknowledge past gaps, many details on remedies will come with the Feb. 17 executive budget, as the city faces questions about how to close the deficit.
Frank Carone, a longtime confidant of ex-New York City Mayor Eric Adams, is reported as a partner behind the NYC Token crypto venture, which sparked controversy after a liquidity withdrawal and rug-pull accusations. Adams says his partners are listed on the token’s site (which has no listed partners), while reps deny wrongdoing. The episode drew commentary from crypto figures like Brock Pierce and Eddie Cullen, and continues to unfold as investigations and legal questions loom.
Former NYC mayor Eric Adams launched a city-themed cryptocurrency, NYC Token, aimed at funding anti-hate work; the token briefly surged to a near-$600 million market cap before a sudden withdrawal of about $2.5 million drew scrutiny and accusations of a rug pull, prompting Adams to bring in crypto investor Brock Pierce to salvage the project while some funds were later returned and questions about credibility linger.
Former NYC mayor Eric Adams, two weeks into life after leaving office, is promoting a New York City–themed cryptocurrency called NYC Token, traveling internationally to boost opportunities and criticize his successor while outlining charitable aims for antisemitism and anti-Americanism causes; his post-mayoral plans include private ventures and partnerships in crypto and global business, with not-yet-disclosed details about the token’s backers; Cuomo is pursuing a WABC radio show, while Adams insists he will not take a salary for now and will work for himself rather than a 9-to-5 job.
Former New York City Mayor Eric Adams promoted a Solana-based NYC Token intended to fund a non-profit and fight antisemitism; the token saw a rapid price rise and liquidation of about $2.5 million to USDC within an hour, leading to accusations of a pump-and-dump/rug pull, a pattern seen with celebrity-endorsed meme coins; Adams had previously backed crypto projects like NYC Coin during his tenure.
The NYC Token, backed by former NYC Mayor Eric Adams, peaked near a $580 million market cap but collapsed to about $130 million after a suspected rug pull; blockchain analytics flagged suspicious activity and a deployer wallet withdrew roughly $2.5 million in liquidity at the peak, with some funds not returned.
Eric Adams responded to Andy Cohen's drunken rant during CNN's New Year's Eve broadcast, criticizing Cohen for his behavior and suggesting he seek help for alcohol issues. Cohen had made disparaging remarks about Adams' tenure as mayor, which Adams publicly dismissed, emphasizing concerns about Cohen's conduct and health.
Andy Cohen criticized outgoing NYC Mayor Eric Adams during CNN's New Year's Eve broadcast, calling his tenure chaotic and party-filled, while also joking about Adams' efforts to reduce the rat population. Cohen's comments reflected his disapproval of Adams' leadership style and legacy.
During CNN's New Year's Eve broadcast, Andy Cohen, while drinking, criticized outgoing NYC Mayor Eric Adams, sarcastically telling him to 'go dance away' after his term, referencing a dismissed corruption case and his pardons, as the show featured raunchy banter and celebratory antics.
Outgoing NYC Mayor Eric Adams vetoed 19 bills passed by the City Council, including measures on housing, street vending, and police oversight, citing concerns over bureaucracy and law enforcement. He also convened a new charter revision commission, sparking controversy and potential conflicts with the incoming administration and City Council, which may seek to override some vetoes.
The article compares Eric Adams' potential place in the history of corrupt New York City mayors to past figures like A. Oakey Hall and Jimmy Walker, highlighting the city's long history of political scandal and the challenges of accountability among its leaders.
Zohran Mamdani, after a surprising primary victory, is running for NYC mayor against former Gov. Andrew Cuomo, who is running as an independent, and Republican Curtis Sliwa, with incumbent Mayor Eric Adams endorsing Cuomo after dropping out of the race.
Zohran Mamdani, a progressive Democrat and member of the Democratic Socialists of America, is the leading candidate to become the next mayor of New York City after winning the Democratic nomination, with policies focused on affordable housing, higher taxes on the wealthy, and expanded public services. His main opponents are Republican Curtis Sliwa and independent Andrew Cuomo. Mamdani's rise is notable given his outsider status and his background, and his potential election could influence city policies and US political dynamics.
Eric Adams plans to endorse Andrew Cuomo in the NYC mayoral race, despite his own low approval ratings and previous criticism of Cuomo, with unclear impact on the election outcome.
NYC Mayor Eric Adams is endorsing former Governor Andrew Cuomo for mayor, despite previously criticizing him, and plans to campaign together, though the impact on the race remains uncertain.