News Explorer — NYC Mayor Eric Adams Failed to Disclose His Bitcoin and Ethereum Holdings in 2022 Report

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Jul 14, 5:18 pm

Blockworks

NYC Mayor Eric Adams Failed to Disclose His Bitcoin and Ethereum Holdings in 2022 Report

New York City Mayor Eric Adams made a disclosure mishap by failing to report his Bitcoin and Ethereum holdings in his 2022 financial disclosure report. Adams' team stated that he thought only securities were included in the question, not currencies. The mayor had previously converted his paychecks into crypto as part of his plan to establish the city as a crypto hub.

New York City Mayor Eric Adams made a disclosure mishap by failing to report his Bitcoin and Ethereum holdings in his 2022 financial disclosure report. Adams' team stated that he thought only securities were included in the question, not currencies. The mayor had previously converted his paychecks into crypto as part of his plan to establish the city as a crypto hub.

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