Hawk Tuah Girl addresses demands for her arrest after fans reportedly lost their life savings investing in her cryptocurrency
Haliey Welch, also known as the Hawk Tuah Girl, is facing controversy after fans reportedly lost significant amounts of money investing in her cryptocurrency.
The 22-year-old rose to fame earlier this year after a viral joke turned her into an internet sensation.
For those unfamiliar, Welch was once asked to name something that could drive a man wild in the bedroom. Her now-famous response was, «You gotta give it that hawk tuah, and spit on that thing.»
From a single viral joke, Haliey Welch, aka the Hawk Tuah Girl, gained a massive social media following and now hosts the popular podcast Talk Tuah.
Though 2024 has been a successful year for Welch, it’s ending on a sour note as fans express their frustration. This week, she launched her own meme coin, $HAWK, in an attempt to capitalize on her online fame and enter the cryptocurrency market.
Initially, the coin saw rapid success, briefly reaching a market cap of $490 million. However, its value quickly dropped by 91% within just three hours, leaving investors shaken.
Meme coins, inspired by internet memes, have become a major trend, often starting as jokes but gaining significant financial worth.
The collapse of $HAWK has sparked accusations of insider trading and manipulation.
Fans claim their savings were lost as crypto snipers took advantage of the volatility, with one wallet making a $1.3 million profit.
Many are upset, with some calling for legal action. Welch’s team denied selling any tokens and explained they tried to prevent snipers with high fees.
Welch, in a prior statement, emphasized that the coin was meant to engage with her fans, inspired by rapper Lil Pump.
