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Former NYC Mayor Eric Adams rugs his own memecoin just 30 minutes after launch

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Re: Former NYC Mayor Eric Adams rugs his own memecoin just 30 minutes after launch

#4

Post by e2le »

Finnucane wrote: post #2

I know it’s not right to blame the victim when someone gets scammed, but really.

It goes without saying that scammers often target the most vulnerable. People desperate to escape their circumstances. In such a situation, not everyone is able to think clearly.

Re: Former NYC Mayor Eric Adams rugs his own memecoin just 30 minutes after launch

#7

Post by pjc50 »

And people wonder why Mamdani won, despite a massive propaganda campaign. There's a real demand for anti-corruption candidates, and occasionally it's possible to find someone who actually is, rather than simply an even worse grifter with better propaganda.

Note that the Trump administration exceptionally cancelled the prosecution of Adams for previous offences, enabling new offences: https://www.bbc.co.uk/news/articles/c74nl3120k4o

Re: Former NYC Mayor Eric Adams rugs his own memecoin just 30 minutes after launch

#8

Post by skybrian »

e2le wrote: post #4
Finnucane wrote: post #2

I know it’s not right to blame the victim when someone gets scammed, but really.

It goes without saying that scammers often target the most vulnerable. People desperate to escape their circumstances. In such a situation, not everyone is able to think clearly.

Some might be duped. But it could also be a way for fans or whales to “donate” to him.

Re: Former NYC Mayor Eric Adams rugs his own memecoin just 30 minutes after launch

#9

Post by ycombiredd »

Maybe I am missing something or am just naive, but isn't it fairly common for social media accounts of well-known figures to be taken over (hacked/phished/whatever) for the purpose of shilling some crypto scam? Launching a memecoin and then very quickly (30 min later, apparently) rugpulling seems like it would at least as likely fit that type of scam as it would being one where the public figure themselves is actually behind the scam.

Not making a claim as to what is actually true, just positing explanations. Heck, maybe plot twist: it is actually Eric Adams behind it, but the "account takeover" possibility was planned to serve as plausible deniability.

You know... like "an actor that's playing a dude, disguised as another dude" type thing.

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