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Eric Adams-Backed NYC Token Rocked by Rug Pull Allegations

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Eric Adams-Backed NYC Token Rocked by Rug Pull Allegations
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TL;DR:

A wallet linked to the NYC token deployer removed about $2. 5 million in USDC liquidity, according to on-chain analysts.

Key Points:

  • Eric Adams-Backed NYC Token Rocked by Rug Pull Allegations
  • Involves ADA, LINK cryptocurrencies
  • Background:

    Decentralized Finance (DeFi) refers to financial services built on blockchain networks without traditional intermediaries.

    Why It Matters:

    This development could influence ADA price action and market sentiment in the near term.

    Eric Adams-Backed NYC Token Rocked by Rug Pull Allegations | NewsCR