Featured Image Credit: hay_welch/Instagram/Michael Tullberg/Getty
Topics: Hawk Tuah girl, Money, Social Media, Cryptocurrency
Lucy Devine
Topics: Hawk Tuah girl, Money, Social Media, Cryptocurrency
Fans of the Hawk Tuah girl - whose real name is Haliey Welch - have been left concerned after spotting a worrying detail on the the star's social media.
After going viral with her infamous 'hawk tuah spit on that thang' video earlier this year, Welch has since tried her hand in the cryptocurrency industry and debuted her own meme coin, called $HAWK.
However, the coin's value completely tanked within 20 minutes of its launch earlier this month - plummeting from as much as $490 million to just $41 million, leaving some fans devastated after losing their 'entire life's savings'.
It has left investors claiming Welch and her team carried out a rug pull, which is where creators of cryptocurrency sell off their stock leading to prices crashing and those who put money into it with coins worth next to nothing.
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Investors who were left out of pocket have now hired lawyers, with a document filed to the court yesterday (December 19), claiming the lawsuit 'arises from the unlawful promotion and sale of the Hawk Tuah cryptocurrency memecoin, known as the "$HAWK" token (the "Token" or "$HAWK"), which Defendants offered and sold to the public without proper registration'.
Welch has denied these accusations and has defended hers and her 'team's' actions during a live stream on X a couple of weeks ago.
"Hawkanomics: Team hasn’t sold one token and not 1 KOL was given 1 free token," she tweeted in a copy and pasted message.
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"We tried to stop snipers as best we could through high fee’s in the start of launch on @MeteoraAG. Fees have now been dropped."
It's been a couple of weeks since the cryptocurrency collapsed, and fans are becoming increasingly concerned about Welch due to her absence online.
Fans pointed out she hasn't posted or shared any episodes of her podcast recently, either.
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"Haliey Welch, aka Hawk Tuah Girl, has now been gone for 2 weeks and hasn’t dropped any episodes of her Talk Tuah podcast since 'going to sleep' after rug-pulling millions in a memecoin," one person wrote on X.
Meanwhile, another speculated: "Do you really believe she was responsible for the rug pull? Isn't it more likely that the people that dragged her into this were the ones that knew exactly what they were doing and she just happened to be the fall guy?"
And a third added: "I hope hawk tuah is doing okay."
UNILAD have approached Welch's reps for comment.