The Risky Fallout of Eric Adams’ Crypto Token Launch Exposes Political and Financial Recklessness

In an era where trust in government and financial institutions is already fragile, former New York City Mayor Eric Adams’ rushed plunge into cryptocurrency serves as a stark warning about the dangers of mixing politics with high-risk digital assets. What was billed as a bold initiative to combat antisemitism and anti-Americanism through the launch of the NYC Token quickly spiraled into chaos, losing nearly 75% of its value within hours—a collapse that has left many investors questioning both transparency and competence.Can Politics Safely Navigate the Unregulated Crypto Frontier?Adams announced the token with grand promises but offered scant detail on how...