CHRONOLOGY
5:20 p.m. EST
5:49 p.m. EST
Giphy images.
I’m sorry that this time frame isn’t truly representative of how quickly everyone who invested in $HAWK lost all their money. This happened before she even made her announcement. Hawkcoin investors lost their money in a negative period.
5:19 p.m. EST
I’m definitely not the best person to give advice on cryptocurrencies. And I’m willing to bet Hawk Tuah isn’t either. I’m willing to bet that Hawk Tuah (who by all accounts seems like a pretty innocent girl trying to do nothing but make the most of her 15 minutes of fame) is not the mastermind behind a scam in which she steals her fan base. for millions of dollars via Hawkcoin. But as little as I know about the cryptocurrency world, I know enough to know that if you don’t know anything, and some crypto bros (or crypto bitches) you don’t know and don’t trust trust VERY well I’m asking you to be the face of a coin that thousands of people will stupidly throw large sums of money into…you probably shouldn’t fucking do it. I can’t help but think that this might be the case for our friend Hawk Tuah.
But we cannot know for sure that Ms. Tuah herself is not among the token insiders who held on to 97% of the $HAWK supply and are actively selling it to steal money with open arms. Maybe that was Hawk Tuah’s master plan all along. Make a viral joke, get famous, start a podcast, build a following, follow millions, and bank on the fact that the crypto world is unregulated enough that you won’t face any legal ramifications.
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According to community notes…and according to public information that tells us exactly who is holding and selling all the “available” Hawkcoin…it’s actually members of the Hawktuah team who are profiting. Despite what Hawk Tuah copied and pasted for us.
This doesn’t look great for Haliey. Just a few days ago, his main concern was what Wiz Khalifa thought about the content of his Pookie’s DMs. Today, internet users are standing at her door, with their torches and pitchforks, demanding that she be sent to a real prison.
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Maybe it’s because I’m extremely ignorant. Maybe it’s my inner misogynist telling me that this pretty little blonde girl from the south couldn’t possibly have the means to pull off something like that. Perhaps she has fabricated her entire image for this very moment when she can instantly make millions of dollars under the guise of ignorance. But I can’t help but think that this girl is taking advantage in a MASSIVE way.
I guess we’ll just have to wait and see what comes of it. I’m still not really sure when people can actually go to jail for crypto scams. But from what I’ve learned, it looks like a classic rug pull.
Coin Office – What is a crypto mat?
A rug pull is a type of exit scam that involves a team raising money from investors and the public by selling a token only to quietly shut down the project or suddenly disappear, stealing the funds raised and leaving the “investors” (i.e. their victims) with worthless tokens.
Carpet attacks can be largely orchestrated, with nefarious actors leveraging social media influencers and hype-generating campaigns to attract as many victims as possible.
Which people absolutely made real time for.
Creditcoin – Pulling rugs is considered theft and fraud in most jurisdictions. Authorities like the SEC and the FBI actively pursue fraudsters and the penalties are severe. You will likely face felony charges and years in federal prison if you are arrested and convicted.
Your property will be seized. All profits you make will be donated to the victims.
You will have a criminal record that will follow you for life. Employers won’t want to hire you. Depending on the severity, you could face decades behind bars.
It makes sense that Hawk Tuah’s story contains a crypto scam somewhere. Personally, I don’t want a prison sentence on Hawk Tuah if she is truly ignorant about all this. Ignorance is no excuse. But I have a heart. I don’t want people to be exploited. No matter how objectively funny it would be if Hawk Tuah’s story ended with her behind bars for financial crimes.
Moral of the story here: If you’re newly internet famous and someone contacts you about using your image to create cryptocurrency. Just say no. Make money fast the old fashioned way (OnlyFans). Unless you really know what you’re doing.