Thursday, February 26, 2026
Edition: Global
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NYC Token

TICKER: $NYC
RISK LEVEL: CRITICAL

Incident Timeline & Fraud Description

Investigation History Token launched with heavy political and social media promotion Within hours, price dropped over 70% On-chain data revealed a small number of wallets controlling a majority of supply Liquidity was partially withdrawn shortly after launch No transparent technical documentation or verifiable development roadmap published Full Timeline and Fraud Description NYC Token was introduced amid intense media attention and promotional narratives that implied legitimacy and long-term value. Shortly after public trading began, the token experienced an abrupt price collapse. On-chain analysis identified extreme wallet concentration, with early wallets exiting positions near the top while retail participants absorbed losses. The project failed to provide a clear smart contract audit, governance structure, or credible development activity. Liquidity movements and insider wallet behavior align with classic pump-and-dump mechanics rather than organic market discovery.

Sources & Evidence

Asset Intelligence

Network
Ethereum
Identified On
2026-01-22
Current Status
Active Scam