Eric Adams, once the swaggering mayor of New York City who made headlines by taking his first three paychecks in Bitcoin, has now crash-landed into the crypto world’s hall of shame. Accusations are flying that his hyped launch of a memecoin—touted as a bold entry into digital finance—turned out to be a classic rug pull, where promoters hype a token, pump the price with insider buys, then yank the liquidity and vanish with investors’ cash. The crypto community, never short on pitchforks, is roasting Adams online, with screenshots of his promotional posts circulating like wildfire amid reports of the token’s value plummeting 90% overnight. This isn’t just another celeb coin flop; it’s a stark reminder of how politicians dabble in speculative markets they claim to regulate, all while their cities choke under burdensome rules.

Digging deeper, Adams’ crypto misadventure reeks of the same hubris that fueled his anti-2A crusades in NYC, where he championed sky-high compliance hurdles for law-abiding gun owners while his own tough on crime rhetoric rang hollow amid rising violence. Remember, this is the guy who pledged to make NYC the crypto capital yet oversaw a mayoralty marred by federal probes into corruption and bribery—ironic, given how rug pulls mirror the bait-and-switch tactics of gun-grabbers who promise common-sense reforms only to erode rights. For the 2A community, it’s a teachable moment: just as Adams’ memecoin betrayed retail investors chasing the dream of financial freedom, urban politicians like him peddle false security through disarmament schemes, leaving citizens rug-pulled when real threats emerge. His fall from grace underscores a broader pattern—elites preaching innovation and safety from ivory towers, only to fleece or endanger the very people they claim to protect.

The implications ripple far beyond blockchain ledgers. In a post-Chevron era where agency overreach is under the microscope, Adams’ scandal amplifies calls for accountability in both crypto and gun policy. 2A advocates should seize this: if a pro-crypto mayor can tank a token and dodge real repercussions, imagine the unchecked power of ATF bureaucrats reclassifying your AR-15. Diversify your freedoms—stack sats, secure your Second Amendment rights, and watch politicians like Adams for the next rug pull. The crypto bros are already dumping; gun owners know better than to buy the hype.