Crypto News: Inside the scathing charges against NYC Mayor Adams

New York City Mayor Eric Adams has been indicted on bribery and fraud charges following a federal corruption investigation. Prosecutors, in the indictment unsealed Thursday, accuse Adams of soliciting illegal campaign contributions to his 2021 mayoral campaign and accepting travel benefits from foreign nationals seeking to gain influence over him.

Those bribes, including flight upgrades and luxury hotel stays overseas worth over $100,000, began when Adams was a top elected official in Brooklyn and continued after he became mayor, prosecutors alleged. None were ever publicly disclosed, until now. "Year after year after year he kept the public in the dark," Damian Williams, US attorney for the Southern District of New York, said in a press conference Thursday. "He told the public he accepted no gifts despite the fact that he was being showered with them."

His indictment marks the first time a sitting NYC mayor is facing federal charges, and it comes after a series of probes that saw federal authorities raid the homes of several city officials. The probes accelerated in recent weeks, prompting his key allies to resign, while two former fire department officials were charged with bribery.

Adams, who is seeking re-election next year, has denied wrongdoing and has vowed to fight the charges while remaining in office — despite calls from high-profile lawmakers like Alexandria Ocasio-Cortez to resign. Read more from Bob Van Voris, Laura Nahmias, and Patricia Hurtado about the probes leading to the indictment today on Bloomberg: NYC Mayor Was Corrupt for Years, US Claims in Scathing Case

— Linda Poon

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What happens if Mayor Adams resigns – or refuses to leave City Hall? (Gothamist)
TikTok videos spread misinformation to new migrant community in New York City (The Markup)
Europe's heat pumps put America's to shame (Atlantic)
Police are probing a cyberattack on Wi-Fi networks at UK train stations (US News)
Politicians often link crime and homelessness. The reality is more complex (NPR)
In pictures: 10,000 miles across US as seen through train window (BBC)

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