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NYC Mayor Took His Paycheck in Crypto, Then Bitcoin and Ether Crashed

Even as the crypto market crashes, Eric Adams says he is a “long-term investor” in the digital asset. 

Eric Adams

Eric Adams

Photographer: Stephanie Keith/Bloomberg

As crypto traders are mired in the fallout from the recent market crash, users on social media pointed to a fellow enthusiast who may be suffering losses: New York City Mayor Eric Adams.