On September 25 local time, New York City Mayor Eric Adams was indicted following a federal corruption investigation, becoming the first mayor of New York to be criminally charged while in office. The indictment is still under seal, and it is not clear what charges Adams faces. Representatives for Adams and his campaign said they would not comment immediately. (Jin Ten)
Stablecoin issuer Circle, which is moving its headquarters to New York City and planning to move to One World Trade Center, is understood to be holding a ribbon-cutting ceremony on Friday local time in the presence of New York Mayor Eric Adams. So far, Circle has declined to comment on the matter, and the office of New York Mayor Eric Adams has not responded to a request for comment.