Budget vs. meme coin—Adams under fire
Crypto Lifestyle
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The clash between Mayor Mamdani and former Mayor Adams intertwines NYC’s fiscal crisis with Adams’ crypto venture. Mamdani blames Adams for underbudgeting essential services, while Adams cites billions in reserves and attacks the claims on X.Meanwhile, the NYC Token controversy deepens public scrutiny: traders report significant losses, liquidity moves suggest insider advantage, and the token’s collapse adds tension to the ongoing budget debate.
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Politics and crypto is always a messy mix.
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Feels like trust took the biggest hit here.