NYC Mayor Eric Adams pleads not guilty to bribery and fraud charges

• Before the indictment was unsealed, Adams asked New Yorkers "to wait and hear our defense before making any judgments."

Catch up quick: Adams was indicted on five counts, including two counts of solicitation of a contribution by a foreign national.

• The most significant charge carries a maximum penalty of up to 20 years in prison, the DOJ said in a press release.

State of play: Magistrate Judge Katharine Parker ruled that Adams cannot have contact with witnesses concerning the "facts and circumstances" in the indictment, the New York Times reported.

• Adams was not asked to surrender his passport.

What's next: Adams is due back in court on Wednesday, per the AP.

• His lawyer, Alex Spiro, said he'd file a motion to dismiss that day. Spiro said there was no corroboration that Adams knew about the campaign donations.
• "We expect these charges to be dismissed," Spiro said to reporters following the arraignment. Adams stood next to him during the remarks.

Between the lines: Adams was released on his own recognizance, per the NYT. He could face consequences if he does not return to court when required.

Zoom in: Prosecutors allege that Adams accepted benefits from at least one Turkish government official and other wealthy foreign individuals dating back to his time serving as Brooklyn Borough president.

• The indictment also alleges that overseas donors disguised illegal contributions through straw donors based in the U.S., the indictment alleges.
• Adams' mayoral campaign then used the illegal donations to defraud the city to the tune of roughly $10 million in tax dollars via NYC's matching funds program, it said.

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Editor's note: The story has been updated with additional details from the arraignment.