Mamdani warns of a $12 billion budget gap as Eric Adams disputes blame amid scrutiny over his NYC Token meme coin launch.
Former NYC Mayor Eric Adams launched a new memecoin called "NYC Token" on Monday, though it fell 80% within 30 minutes of going live.
Eric Adams denied transferring or profiting from the NYC Token.
Insiders say Adams's former adviser Frank Carone and real estate investor Yosef Sefi Zvieli involved in NYC Token; some ...