![People Are Calling For The Hawk Tuah Girl To Go To Jail After Her Meme Coin, $HAWK, Tanked Immediately After Launching Today]()
![Hawk Tuah girl Haliey Welch]()
Gonna have some explaining to do tuah lot of people.
Now, just to get this out of the way at the beginning: I know nothing about cryptocurrency. Don't know what it is, don't understand it, have no idea how it works. I've dabbled in it before, and still have a little bit in my Coinbase wallet, but I have no idea where it comes from, what it's used for, how any of it all works. And apparently the
Hawk Tuah girl doesn't either.
Haliey Welch, who shot to fame and became known as the "Hawk Tuah girl" with her viral video over the summer, has been doing her best to capitalize on her fame, recently launching her own podcast called
Talk Tuah.
And today, she debuted her newest business venture: Cryptocurrency.
https://twitter.com/HalieyWelchX/status/1864434514610782583
Does the Hawk Tuah girl really know anything about cryptocurrency? Who knows. But regardless, the meme coin called $HAWK went live on the markets this evening - and then immediately tanked.
https://twitter.com/0xBossman/status/1864440938619158876
https://twitter.com/jiggadrin_/status/1864439910607843782
https://twitter.com/blocknewsdotcom/status/1864434578691178989
According to folks online who theoretically know way more about crypto than I do (which isn't hard because as I said, I know nothing about it), they're claiming that $HAWK "insiders" kept 97% of the coin for themselves, and then immediately began selling it once it became available to the public.
https://twitter.com/beaniemaxi/status/1864434364060221448
So if I'm understanding correctly, what they're claiming happened is that the people behind the coin (whoever that may be) only put 3% of the supply on sale, with the other 97% being given for free to these "insiders." And then once it went on sale, everybody who got the coin for free immediately began selling it, which caused the value to tank once all that supply flooded the market.
Do I have that right? Who knows. But people are pissed.
Some purchasers of the coin have already claimed that they've filed complaints with the SEC (the Securities and Exchange Commission, not the football conference), while others claim to have contacted lawyers about a potential lawsuit against the people behind the meme coin.
https://twitter.com/imperooterxbt/status/1864469664249569727
https://twitter.com/zakaria_hirda/status/1864451464069865922
And some are even calling for Welch to be locked up over the alleged scam:
Of course, as others are pointing out, if you actually put money into a meme coin based on a blowjob joke, should you really be surprised when you lose everything you invested?
https://twitter.com/FriscoSmoove/status/1864475434383233490
https://twitter.com/fatassonthebeat/status/1864479665177678225
Now, Welch is a 22-year old from the small town of Belfast, Tennessee who didn't even know who Kim Jong Un or Jimmy Carter were during an episode of her podcast a couple weeks ago. Does she know anything about cryptocurrency? I'm going to guess probably not.
But when you become famous overnight, there are plenty of people who will come out of the woodwork and try to sell you on their business plan. They license your name, pay you a licensing fee or a royalty or some small share of equity, and promise to do all the work if you serve as the face of the brand. And my guess is that's what happened here.
Unfortunately for Welch, it seems there are already lawyers who are gearing up to look into the situation.
https://twitter.com/BurwickLaw/status/1864467285072597184
