Eric Adams responds to media allegations, firmly denying any transfer of funds or profit from NYC Token’s sharp post-launch collapse.
Former New York City Mayor Eric Adams has dismissed recent reports that he moved funds or profited from the meme-based cryptocurrency NYC Token. The token plummeted over 80% within its first hour of trading after an initial rise to $0.58. Adams stated he neither shifted investor funds nor benefited financially, countering rug pull accusations linked to the sudden price crash.