Crypto-Friendly NYC Mayor Eric Adams Indicted in Foreign Donations Corruption Probe
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New York City Mayor Eric Adams, known for his pro-crypto stance, has been indicted in a federal corruption investigation. The charges, still sealed, stem from a probe into his 2021 mayoral campaign and alleged illegal foreign donations, particularly from the Turkish government.
The indictment made Adams the first sitting mayor in the city’s history to face federal charges just months before his re-election campaign for 2025.
According to the New York Times, this investigation was initiated by the FBI and federal prosecutors in Manhattan and revolves around allegations that Adams and his campaign conspired with the Turkish government to receive illicit contributions.
Investigators are particularly focused on whether Adams accepted foreign donations and pressured New York Fire Department officials to approve a new Turkish consulate high-rise despite safety concerns.
Further scrutiny centers on whether Adams received perks such as flight upgrades from Turkish Airlines, partially owned by the Turkish government.
Upon learning of the indictment, Adams issued a defiant statement in a video, categorically denying any wrongdoing.
Adams framed the investigation as politically motivated, he said;
“If I am charged, I am innocent, and I will fight this with every ounce of my strength and spirit,”
The probe began in 2021 and has involved key figures in Adams’ inner circle.
One of the most prominent moments in the investigation came last year when the FBI searched the home of Adams’ chief fundraiser, Brianna Suggs, seizing digital devices and
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