The Boss Tweed Of Crypto: The Eric Adams Meme Coin Saga
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On this episode, John Macari breaks down the wild controversy surrounding former NYC Mayor Eric Adams and the explosive “NYC Token” meme-coin project that has everyone asking the same question: Is this just political hype gone wrong or a full-blown rug pull?
John discusses: How the “NYC Token” was introduced as a feel-good initiative tied to combating antisemitism only to implode almost immediately. Who was behind the coin, who benefited, and what early investors and critics are now alleging. Also discussed is whether or not Adams or his inner circle face legal exposure, and how this compares to classic NYC corruption schemes.
- It should be noted after NYC Token crashed 80% and after allegations of rug pulling, a spokesperson for the token says this is just a sign of the popularity of the token, and its mission to fight antisemitism and "anti-Americanism." "THE TEAM HAS NOT WITHDRAWN ANY MONEY FROM THE ACCOUNT."
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