Politics

Former Mayor Eric Adams blasts ‘unsupported’ reports of NYC Token cryptocurrency scheme

By Barbara Russo-Lennon Posted on January 14, 2026

Out of office just two weeks, former Mayor Eric Adams is making headlines again — this time, responding with outrage to reports alleging that he moved money out of NYC Token, a cryptocurrency he launched this week.

Adams, a known crypto enthusiast, launched the currency on Monday, purportedly to support funding social causes such as the fight against antisemitism. According to reports, it immediately surged to around $580 million before dropping in value.

See the full article at amNY

Former Mayor Eric Adams blasts ‘unsupported’ reports of NYC Token cryptocurrency scheme

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