The crypto-loving former New York City mayor is launching a digital token he says will fund efforts to combat antisemitism.
Former New York mayor Eric Adams hawked the “NYC Token,” a meme coin that he claimed would be used to fight “anti-Americanism” and antisemitism.
Officials tied to the venture insisted no money had been stolen, but the withdrawal caused the coin’s value to plunge.
Adams’s new cryptocurrency has all the makings of a scam known as a rugpull.
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