Pro-crypto New York Mayor Eric Adams withdraws from re-election campaign due to financial woes

New York City Mayor Eric Adams has suspended his re-election campaign, adding uncertainty to the battle for control of the nation's largest city. In a nearly nine-minute video posted on Facebook on Sunday, Adams said media speculation about his future and the Campaign Finance Board withholding millions of dollars in funds have undermined his ability to raise serious campaign funds, but he will continue to fight for his city.