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Shuriken@ShurikenTrade · Dec 6, 2024

Want to steal 50 million dollars? Well, the Hawk Tuah girl did. She launched a coin, rugged it, and then shamelessly…

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Summary

Haliey Welch, a 22-year-old TikTok star known as "Hawk Tuah girl," launched a cryptocurrency token that crashed 95% in value after reaching a $500 million market cap. Analysis revealed she and her team sold tokens despite claiming otherwise, in what appears to be a classic rug pull scam that cost investors millions.

Summarized by ThreadOut AI from the full thread. May miss nuance — read the thread below.

  1. #1

    Want to steal 50 million dollars? Well, the Hawk Tuah girl did. She launched a coin, rugged it, and then shamelessly went to sleep like nothing happened. Here's how Hawk Tuah stole $50M from her fans 🧵

  2. #2

    In case you don't know who the "Hawk Tuah girl" is: Her real name is Haliey Welch. She's a 22-year-old woman who became famous for her viral TikTok video:

  3. #3

    She became very popular and started collaborating with many celebrities. She also launched a "Talk Tuah" podcast which became the 5th most popular podcast in the world.

  4. #4

    Then she made a terrible mistake... She got into crypto. Shortly after - she launched her own memecoin. This is the beginning of the $HAWK story.

  5. #5

    Her coin quickly hit a market cap of $500 million. And then it immediately nuked to $25 million. That's 95% of your money gone in a few minutes.

  6. #6

    Just minutes after the coin started dipping, she posted the tokenomics. She said that the team didn't sell a single token. She was lying and will likely have to "talk tuah" judge about this.

  7. #7

    So here's what really happened: Bubblemaps revealed that 96% of the supply was in one cluster. 285 investors joined the $HAWK presale. 89 wallets sold 100% immediately.

  8. #8

    Then @overHere_gg tried to explain what happened... They said: "Haliey's Team has sold absolutely no tokens whatsoever." Meanwhile the Team:

  9. #9

    And now comes the fun part. She and her team made a Twitter space to explain what happened. They got destroyed by the crypto investigator @coffeebreak_YT

  10. #10

    And then the Hawk Tuah girl decided to end the space because she was tired. Let me say that again. She rugged a coin and then shamelessly went to bed like nothing even happened. You have to listen to this:

  11. #11

    Aftermath: - This was yet another celebrity coin rug pull. - People lost millions and want her in jail. - Law firms are looking to sue her.

  12. #12

    Thank you for reading! If you enjoyed this thread, please give it a like 💙 And if you want to easily trade memecoins - try using Shuriken 🫂