alt.hn

2/2/2026 at 8:34:18 PM

Eric Adams faces $3M rugpull allegation after issuing NYC Token

 https://www.coindesk.com/markets/2026/01/13/former-bitcoin-mayor-eric-adams-faces-usd3-million-rugpull-allegation-after-issuing-nyc-coin

by PaulHoule

2/2/2026 at 8:41:08 PM

> and when you look at this coin, our New York City Coin, the money that is generated from this coin, we’re going to zero in on how do we stop this massive increase of antisemitism across our country and across the globe, really, and how do we deal with the increase in anti-Americanism?”

Not that the goals have anything to do with NYC, only for MAGA talking points

by quantified

2/2/2026 at 9:03:21 PM

That kind of talk sells to certain people who live in NYC -- many of whom might be inclined to vote Democratic if it wasn't for that issue.

by PaulHoule

2/2/2026 at 9:31:07 PM

> NYC -- many of whom might be inclined to vote Democratic if it wasn't for that issue

Staten Island exempted, New York City politics happen entirely within the Democratic party. Skipping its primary is, for many positions, tantamount to not voting.

by JumpCrisscross

2/3/2026 at 12:12:31 AM

Which issue?

by quantified

2/2/2026 at 9:31:56 PM

Is this even illegal?

by JumpCrisscross

2/2/2026 at 10:52:26 PM

Now adays the question is: who will enforce this and will they?

by cyanydeez

2/3/2026 at 12:56:56 AM

> who will enforce this and will they?

City DA. State AG. Adams is hated. This is political hay.

by JumpCrisscross

2/2/2026 at 9:28:06 PM

If you buy a coin marketed by some douche, you deserve getting rug pulled. I mean, honestly. Who buys these?!

by xenospn

2/2/2026 at 8:37:37 PM

so sick of 'allegations', 'backlash', 'strong words', 'criticism', etc. when will ppl actually serve jail time for this.

by paulpauper

2/2/2026 at 8:47:39 PM

When someone who cares about the law is in a position of power and elects to enforce it with said power. Until that point in time, grifters gonna grift.

by toomuchtodo

2/2/2026 at 8:47:34 PM

He was under investigation for corruption. The case was very strong given the presence of some "heck yeah we'd love to do that illegal thing you suggested!" emails.

The only reason the corruption prosecution stopped is Adams made a corrupt deal with Trump. Corruption on top of corruption.

What kind of idiot would trust this openly corrupt person with their money? Who thought this was a legitimate offering in the first place?

by sjsdaiuasgdia