A video clip that went viral and was later shared by millions of people online made Hailey Welch famous.
When Welch mimed spitting during a street interview in 2024, he uttered the slogan “hawk tuah,” which, for whatever reason, put the internet into a frenzy.
Welch has spoken on podcasts, given interviews, and even created her own stuff since she first gained notoriety online.
She has made the decision to get into the cryptocurrency space by developing her own, HAWK. Investors suffered enormous losses.
As the coin fell 91% in the first three hours after reaching its first high of $490 million in market capitalization.
One admirer accused Welch of using a “rug-pull” strategy, claiming that she profitably sold a significant amount of the coin’s supply right after introduction.
Supporters have flocked to social media to demand that the online celebrity face legal consequences. “She deserves to be in jail right now,” one person commented.
Welch has blamed market swings and denied any fraudulent behavior in spite of the hostility. This has led to a great deal of internet discussion on influencer cryptocurrency and their inexperience in the field.