Zohran Mamdani officially took office as mayor after the New Year’s Eve ball drop, in a private ceremony held at a shuttered relic of the city’s subway.

Mayor Zohran Mamdani and his wife, Rama Duwaji, have begun moving their belongings from their Queens apartment to the official mayor’s residence in Manhattan.

It didn’t take long for crypto observers to declare NYC Token had all the hallmarks of a dreaded rugpull—a common scam where someone launches a cryptocurrency then quickly extracts the value, leaving retail investors with worthless tokens.

Former New York Mayor Eric Adams is facing blistering accusations from the cryptocurrency community after a digital token he helped promote collapsed in value, triggering what many traders are calling...

Eric Adams may no longer be mayor but the alleged corruption in his administration is extending beyond his time in City Hall.