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.
Insiders say Adams's former adviser Frank Carone and real estate investor Yosef Sefi Zvieli involved in NYC Token; some experts say rollout looked like 'rug pull' ...
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