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Former Mayor Eric Adams launches NYC Token cryptocurrency in Times Square, surrounded by glowing billboards and an attentive crowd.
Bild generiert von KI

Former mayor Eric Adams launches NYC Token cryptocurrency

Von KI berichtet Bild generiert von KI

Former New York City Mayor Eric Adams announced the launch of the NYC Token, a new cryptocurrency aimed at funding efforts to combat antisemitism and anti-Americanism. Speaking in Times Square just days after leaving office, Adams described the venture as a way to teach children about blockchain technology and improve city operations. He plans to oversee a related nonprofit but declined to disclose his partners or full details.

Frank Carone, a longtime confidant of former New York City Mayor Eric Adams, is involved as a partner in the ex-mayor's new cryptocurrency venture, the NYC Token. The token has faced immediate backlash after a liquidity withdrawal caused its value to plummet, sparking rug pull accusations. Adams denies any wrongdoing, promising proceeds for education and anti-hate initiatives.

Von KI berichtet

Former New York City Mayor Eric Adams announced the NYC Token cryptocurrency in Times Square on Monday, promising to combat antisemitism and anti-Americanism. The token quickly reached a $600 million valuation but lost 75% of its value following a $2.5 million withdrawal. Experts question the launch's integrity, while Adams denies any wrongdoing.

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