Former New York City Mayor Eric Adams faces accusations of a $3 million rug pull involving his New York City Coin (NYC) project. The coin, launched on the Solana network, crashed over 81% after Adams reportedly withdrew a large portion of liquidity from the project. The incident highlights ongoing risks of scams within the cryptocurrency space, even when involving prominent public figures.
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[IMPORTANT] Former NYC Mayor Eric Adams Accused of $3 Million Rug Pull in New York City Coin
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