A US Influencer is Accused through Her Fans of Orchestrating a Huge Cryptocurrency Rip-off to Amass $50 Million
$50 million. That’s the quantity influencer Haliey Welch is claimed to have earned through duping her fans with the release of her memecoins named $HAWK. In step with BFMTV, this sort of cryptocurrency references widespread social media memes. Kicked off in early December, her challenge temporarily drew a lot of buyers who are actually in a state of panic. The 22-year-old American has utterly vanished from social media.
As BBC issues out, the marketplace capitalization of her memecoins soared to just about $500 million (€471 million) in a while after launching. On the other hand, the joy used to be short-lived as the worth plummeted through 95% inside a couple of hours. This drastic drop has incited fury amongst buyers, who now accuse Haliey Welch, often referred to as Hawk Tuah Woman, of scamming them.
Hello @HalieyWelchX My $35,000 that I invested in $Hawk has now become $2,000 simply 10 mins after purchasing.
I’m a large fan of Hawk Tuah however you took my existence financial savings.
I bought your coin $Hawk that you simply have been so interested by with my existence financial savings and youngsters’s faculty fund as… percent.twitter.com/MRftQ2sT6g
— JIGGA.5mbK (@jiggadrin_) December 4, 2024
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“You Took All My Financial savings”
What took place? In step with the aggrieved buyers, the cryptocurrency introduced through the younger lady used to be simply a “rug pull” scheme. In essence, the issuer of the cryptocurrency invests in their very own foreign money to inflate its price ahead of promoting off hugely. This ends up in a plummeting value and leaves buyers with vital losses. In her case, Haliey Welch allegedly accrued $50 million.
“I’m a large fan of Hawk Tuah, however you took all my financial savings. I purchased your $Hawk coin which you promoted with the school fund of my kids,” lamented a girl on X. Cited through our colleagues at BFM, the company chargeable for the release of the American’s cryptocurrency insists that “Haliey’s group bought completely no tokens” and has promised “extra explanations to come back” relating to this factor.
The younger lady rose to status ultimate summer time after a viral video on TikTok. Capitalizing on her recognition, she surrender her task and employed an agent to control her symbol. Because of this, in only some months, she won over 2.6 million fans on Instagram and 1.8 million on TikTok. She additionally introduced a weekly podcast, a relationship website charging seven bucks a week, products, and the notorious cryptocurrency.
