Eric Adams’ Crypto Coin Crashes Post-Launch, Faces Scam Allegations
Eric Adams, the former Mayor of New York City, recently launched a new cryptocurrency project. Just a day after its debut, the coin faced significant issues, leading to allegations of fraud.
Crash of Eric Adams’ Cryptocurrency
Shortly after its launch, Eric Adams’ crypto coin experienced a dramatic decline. Investors reported a loss of trust, claiming that the situation resembled a “rug pull”—a term used in the cryptocurrency world when developers abandon a project after it gains financial backing.
Details of the Launch
- Launch Date: Recently, the coin was introduced to the market.
- Reported Loss: Approximately $1 million vanished within 24 hours.
- Investor Reactions: Many voiced concerns over the…
