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Eric Adams does a pump-n-dump

2026-01-13 20:05:26.256812+01 by Dan Lyke 0 comments

Woohoo, money laundering! Former NYC Mayor Eric Adams Accused of Crypto Pump and Dump With NYC Token.

According to blockchain observers, the NYC Token launch was successful in terms of generating funds, as movements of cryptocurrency on the Solana network indicate that at least $2.5 million worth of the token was liquidated into Circle’s USDC stablecoin by entities involved with the original launch. This followed a common pump-and-dump pattern seen in many of the meme coins launched on Solana over the past couple of years, which occurred less than an hour after the coin went live.

Eric Adams’ NYC Token Faces Scrutiny After Liquidity Moves Raise Rug Pull Concerns

Among a number of sources, via.

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