Officials tied to the venture insisted no money had been stolen, but the withdrawal caused the coin’s value to plunge.
On-chain data revealed that a wallet linked to the token's deployer removed $2.5 million in liquidity, prompting accusations ...
Online observers noted that the sudden collapse bore the hallmarks of what is known as a “rug pull” — similar to a ...
Intelligencer on MSN
Did Eric Adams Just Tank His Cryptocurrency?
The former mayor’s $NYC token appears to have gone through a classic rug pull that may have netted him millions of dollars.
Former New York Mayor Eric Adams is under fire from the cryptocurrency community after a digital token he helped promote ...
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