Former 'bitcoin mayor' Eric Adams faces $3 million rugpull allegation after issuing NYC Token

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New York City Mayor Eric Adams is facing allegations of a potential rug pull after a wallet linked to the NYC Token removed $2.5 million in liquidity, sparking concerns about the token's legitimacy.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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On-chain data revealed that a wallet linked to the token's deployer removed $2.5 million in liquidity, prompting accusations of a possible rug pull.

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Original article published by Unknown on January 13, 2026.
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