Hawk Tuah Girl’s $HAWK memecoin crashed 90%, sparking rumors of fraud and arrest, but fact-checks prove it’s false.
The Hawk Tuah Girl, also known as Haliey Welch, was an internet sensation this year, who blew up because of her viral “Hawk Tuah” sound. And just as quickly, it went sideways. It went to market like a bombshell and instantly hit a wild $490-million valuation. In what felt like a dream quickly turned nightmare, the price crashed 90% in 20 minutes, leaving investors in the dust.
Crypto fans weren’t happy, and rumors started swirling that Haliey was arrested for money laundering and securities fraud after the crash. Some wild claims even said she was facing charges for espionage related to the memecoin mess.
However, fact-checkers quickly shut down these rumors. A community note on X confirmed that the arrest claims were bogus, made by people trying to get more engagement for their own projects. The Crypto Times also clarified that Haliey’s still dealing with litigation from upset investors, but there’s no arrest news.
Even though things look bad, another X post suggests the Hawk Tuah Girl’s planning a comeback with a new coin called “Shaquille Oatmeal”, but she’s yet to make an official statement. Stay tuned!
Also Read: Banks Should Be Allowed to Offer Crypto, Says Coinbase