Former New York City Mayor Gets Scammed 🚨 Former New York City Mayor Eric Adams launched his own "New York" themed cryptocurrency ($NYC memecoin). The coin's market capitalization initially surged to $500 million, but Eric subsequently withdrew liquidity. This caused the coin's market capitalization to plummet by 80%, falling below $100 million. It is estimated that Eric profited nearly $3.5 million from this fraudulent themed coin. This is the biggest reason why people no longer take our industry seriously. #MEME #Memecoins🤑🤑