Hailey Welch, better known to the internet as Hawk Tuah Girl, is facing intense scrutiny following her brief stint in the world of cryptocurrency. On Wednesday, she launched a memecoin called $HAWK, and while its value initially skyrocketed, within hours, it declined.
Internet users have since accused the media personality of insider trading and using "snipers," and within a day of its release, a law firm named Burwick Law came forward on X to urge netizens to file a case against her. The internet has since reacted with sharp criticism, and here's what one user had to say:
"She’s gonna get what’s coming for her."
A lot more online weighed in to share their opinions on Hawk Tuah Girl:
"You’re telling me taking financial advice from someone whose claim to fame is spitting on penises was a bad idea?" one user asked, sarcastically.
"how hard is it for influencers to not be horrible people?" another probed.
"I hope she gets locked up so I don’t have to see her on my Timeline anymore," someone else prayed.
"Is it really a scam, though, if investors bought it because they thought it would be a good deal? Investing is a risk," a fourth person posited.
The comments didn't end there, as many more chimed in:
"Imagine investing in a content creators meme coin," someone noted.
"She only rugged me for $7, But I look at it as if I paid $7 to cancel her. But it's still $7 so lemme get a piece of that lawsuit," someone else joked.
"Rug pull was obvious… you’re a fool if you bought her coin," another added.
"Not surprised. The people that convinced her this was a good idea are the real criminals," one user claimed.
The comments were a mix of shock, criticism, memes, and pointed remarks.
Fans accuse Hawk Tuah Girl of rug pull as she says she was just trying to interact with her fans: Read more
On December 5, Burwick Law, located in New York, took to X to pen the following notice:
"We are representing clients in matters related to $HAWK. If you’ve experienced losses and would like to explore your options, learn more here. Please note that all legal claims depend on individual circumstances, and recovery is not guaranteed."
In another post, labeled as "attorney advertising," the firm reiterated:
"If you lost money on $HAWK, contact our firm to learn about your legal rights. Our firm represents thousands of nft and token investors in securities matters. This is attorney advertising."
In yet another post, they noted:
"While everyday people take losses, celebrities walk away richer. We’re here to help bring accountability to a space that desperately needs it."
Hawk Tuah Girl launched her memecoin on December 4. While it initially soared with a marker capital value of $500 million, according to Forbes, it tanked within 20 minutes, going down to a mere $41 million. Fans have since begun calling out Welch, who defended herself in a post on X:
"Hawkanomics: Team hasn’t sold one token and not 1 KOL was given 1 free token. We tried to stop snipers as best we could through high fee’s in the start of launch on @MeteoraAG. Fee’s [sic] have now been dropped."
However, investors are dissatisfied, with many describing the situation as a 'rug pull'; a situation where crypto creators, in this case Hawk Tuah Girl, sell all their stocks, culminating in a price crash.
Trending
When Hawk Tuah Girl initially launched her memecoin, she vowed that it was far from a "cash grab," and was instead using crypto as a way to interact with her fans.
Reply
