Crypto
Mamdani says he does not own cryptocurrency, rules out investing in Adams\' NYC token
New York Mayor Joran Mamdani said he does not own cryptocurrency and has no plan to invest in the \'NYC token\' recently launched by former mayor Eric Adams. Mamdani stressed the project is unrelated to city policy. The token has drawn controversy, including allegations of a liquidity pull and claims of multimillion-dollar investor losses. Mamdani won election with 50.8 percent and has backed stronger consumer protection measures.