Hawk Tuah girl discovers biggest mistakes that caused fans to ‘lose life savings' after buying her cryptocurrency

'Hawk Tuah girl' AKA Haliey Welch has returned to the spotlight following weeks of silence in a new episode of her podcast addressing her crypto controversy, with her guests revealing what went wrong.

Haliey Welch of course went viral for the ‘hawk tuah’ and ‘spit on that thang’ video - which really propelled her to unexpected fame.

The initial video made Welch a social media sensation and allowed her to quit her job and start up the podcast, Talk Tuah with Haliey Welch.

But in recent weeks, Welch has been off the radar after becoming embroiled in a bit of a cryptocurrency scandal.

'Hawk Tuah girl' crypto scandal explained

Towards the back end of 2024, Haliey opted to branch out into the world of crypto with a coin named '$HAWK token'.

At the time, she posted on Twitter, saying: "Becoming a meme has been an incredible journey. I love making memes and connecting with people worldwide. With $HAWK, I want to bring that same joy and community spirit into the crypto space."

The crypto rocked to the highly heights of $490 million, but its valued tanked soon after, as CoinTelegraph reported it had flopped by more than 90 percent.

This meant that those who splashed their cash had lost out on thousands.

Haliey breaks her silence

Welch has been talking about the controversy on Talk Tuah in an episode with FaZe Clan’s founder Banks which has been ‘leaked’ on Twitter.

Her guests on the podcast spoke about some of the biggest mistakes she had made when it came to the crypto.

One guest stated the fact the pre-sale wasn't made public was a 'problem', while another claimed it was 'public setup wrong'.

"People that are really into crypto and do it every day, you can see this is wrong," the guest added.

The overriding feeling was that more 'transparency' should have been shown with Welch's venture into crypto.

Welch has not been named as a defendant on subsequent lawsuits on the crypto, but she has received a lot of criticism online following the scandal and subsequently went off the social media radar.

One person claimed they had lost their life savings after purchasing $35,000 worth of coin, which was only worth $2,000 just ten minutes

Elsewhere in the podcast, Welch explained how the idea had been brought to her as a ‘long-term coin’ that would ‘change the way everybody thinks about crypto’.

She said: "And I feel really bad for all the people that got affected by it. And it just didn’t go the way I planned.”

She also revealed what her boyfriend made of all the drama as he also put his own cash into the crypto.

"Pookie lost money too," she admitted.

"He said, 'How you going to take my money'? He still gives me s*** all the time, he says, 'I wish I had my $300 back.'"