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Chronicles

The story behind the story

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The NYC token, launched by former New York City Mayor Eric Adams on January 12, saw its market cap drop from ~$600M to ~$110M, after USDC liquidity manipulation

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Discussion

  • @runecrypto_ Rune on x
    Eric Adams, former NYC major, has just removed the whole liquidity pool of his new memecoin: a total of $3,430,000 scammed [image]
  • @ericadamsfornyc Eric Adams on x
    Proud to launch @buynyctoken, a new token built to fight the rapid spread of antisemitism and anti-Americanism across this country and now in New York City. Now live at https://www.buynyctoken.com/ [video]
  • @bubblemaps @bubblemaps on x
    Suspicious LP activity on $NYC 🚨 Launched by Eric Adams, former mayor of New York The team extracted over $1M by cycling USDC in and out of the liquidity pools [image]
  • @runecrypto_ Rune on x
    Eric Adams, former NYC major, has just removed liquidity of his new memecoin, $NYC, scamming investors for over $2,536,301 He launched a $NYC memecoin just 30 minutes ago, and has removed its liquidity after promoting it on his personal social media, claiming to be the NYC token …
  • @bonecondor Chairman Birb Bernanke on x
    It's super cool that I can't use fucking Kraken in the state of New York but Eric Adams can just yoink $2.5M
  • @setzeus @setzeus on x
    > $2M Net Worth > NYC Memcoin > Rugged at $3.4M [image]
  • @andyyy Andy on x
    Looks like ex-mayor Adams has officially withdrawn over $3M in USDC from the LP of his newly launched ‘NYC’ token to help ‘fight the rapid spread of antisemitism and anti-Americanism’ in the US. Insane levels of crime. Wow. [image]
  • @ericadamsfornyc Eric Adams on x
    We're about to change the game.
  • @pitdesi Sheel Mohnot on x
    So embarrassing, even more embarrassing than $TRUMP because at least that one worked (allowed fraudsters and foreign agents to pay him directly for pardons and favoritism) But how could this token possibly fight antisemitism and anti-Americanism?
  • @vishalkgupta Vishal K. Gupta on x
    This has definitely not been approved by the New York DFS. Do you think the mayor has considered the ramifications of not having a Bitlicense?
  • @eljaboom @eljaboom on x
    Bro couldn't even wait 30 minutes before dumping 😂 [image]
  • @daveweigel David Weigel on x
    Who “invested” in an Eric Adams meme coin? Need to know, trying to unload some magic beans
  • @traderdune @traderdune on x
    Just send everything to zero please. I can't take this new normalization of complete retardation. [image]
  • @dannyjokes Danny Polishchuk on x
    .@ericadamsfornyc I put my life savings in this token to help you combat anti-semitism but you rug pulled it and now I'm more anti-Semitic than I've ever been. Please advise!
  • @tomhschmidt Tom Schmidt on x
    one trip to dubai will change a mf
  • @pennycheck @pennycheck on x
    Future president
  • @dxrnell @dxrnell on x
    Thankyou @ericadamsfornyc I trusted you and bought your token, now I'm down $230K [image]
  • @0xbepis @0xbepis on x
    Eric Adams just did what every failed politician does, and that is launch a memecoin. two weeks out of office, Adams announces “ $NYC Token” in Times Square with the pitch “Fight antisemitism and anti-Americanism with blockchain.” the coin opened at a $100 million dollar [image]
  • @imperooterxbt Scooter on x
    The N in NYC token stands for nuke [image]
  • @matthew_sigel @matthew_sigel on x
    At least it's on Solana?
  • @mikeisaac Rat King on x
    no denial of withdrawals, no denying any connections to the wallets i guess technically “withdrawing 3 million dollars” is indeed a “rebalancing of liquidity” in that you are making it far more illiquid [image]
  • @mikeisaac Rat King on x
    the hawk tuah lady pretty much had to go into witness protection for doing this same thing lol [image]