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Former NYC Mayor Eric Adams accused of $2.5 million crypto ‘rug pull’ as his NYC Token crashes

Former NYC Mayor Eric Adams has come under fire after his new cryptocurrency token crashed just hours following its launch on Monday. As reported by CoinDesk , Adams' "NYC Token" hit a $580 million ma...

Jan 13The VergecryptocurrencyImpact

Head of LA homeless nonprofit charged with pocketing millions, splurging on luxuries including a Hermès jacket and a trip to Vegas

Alexander Soofer, manager of an LA-based housing program, is being charged with wire fraud and pocketing $10 million in public funds. Carlos Barria/REUTERS Alexander Soofer, manager of an LA-based hou...

11hBusiness InsidercrimeImpact

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