Federal prosecutors have indicted New York City Mayor Eric Adams following corruption investigations that have triggered the retirements and resignations of several members of his administration.
Adams, a former police captain, made the headlines in 2021 when he pledged to take his first three paychecks in Bitcoin (BTC) when he became mayor.
Charges Remain Unclear
According to reports from the New York Times, it is still unclear what Adams is being charged with since the indictments were sealed.
News of an investigation into the mayor surfaced in November 2023 when FBI agents raided the home of Brianna Suggs, his chief campaign fundraiser. The raid was part of an investigation into whether Turkish government agents had donated to Adams’s mayoral campaign through intermediaries.
Additionally, two former officials of the New York City Fire Department, Anthony Saccavino and Brian Cordasco, were charged with bribery and corruption. Federal investigators accused the duo of receiving more

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