Former New York City Mayor Eric Adams denies profiting from the NYC Token he promoted, calling reports about his transfer of funds "false." The token's price surged after its launch on Monday, then plummeted sharply, with some observers comparing it to a "rug pull" scam, where developers suddenly withdraw support, causing the token's price to crash.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Former New York City Mayor Eric Adams denies profiting from the NYC Token he promoted, calling reports about his transfer of funds "false." The token's price surged after its launch on Monday, then plummeted sharply, with some observers comparing it to a "rug pull" scam, where developers suddenly withdraw support, causing the token's price to crash.