$hawk tuah another coin pump and dump scheme

[bitterguy28]

if you have come across this meme, hawk tuah, you should know that there was a memecoin created out of it

it quickly pumped but then dumped immediately seemingly to only have released 3% to the public for trading and now investors are threatening to sue the hawk tuah girl however it doesn even seem like she was the one who had full control on this memecoin and was only a marketing front for the company who was running the memecoin

anyway this just shows that if you are to invest in a memecoin such as this beware of the risk of a pump and dump scheme because it will most likely happen

read here

[Stompix]

The absolute rug pull, but seriously, taking advice from a girl who got famous from choking on dicks shows the sorry state of crypto we're heading towards. At least they are facing a lawsuit and since they are based in the US this might prove far costlier to them than what they have managed to scam.

They were stupid, they will be hit with releasing and she will have to deal with promoting an unregistered security, and we have precedents:
https://www.financemagnates.com/cryptocurrency/nba-star-and-youtuber-settle-binance-class-action-lawsuit-paying-340k/

[TomPluz]

This is definitely the other side of the coin in the memecoin face...the famous pump & dump scheme, the rugpulls and just the plain scams and frauds victimizing many assuming small investors (or coin buyers) to the tune of millions of dollars. And as long as there can be potential victims out there, I am sure we can hear even more of this same story in 2025. The same story will be repeated over and over again as long as the appeal for human greed still works. This is really sad and there is only one thing we can do and that is to warn people of the big chance they gonna LOSE their money big time via memecoins that are put up to soon run away with investors' money.

[LogitechMouse]

This guy explained what happened with the project.
https://www.youtube.com/watch?v=d_-O-BjljJc

Yes, I agree that she doesn't have any control of the meme coin, but she knows that a scam or a rug pull is happening, but she chose not to speak out of it. Just watch that video. While there are many posting their profits by investing into meme coins, there are some out there who are even investing their life savings on a meme coin only to lose them all. Like what I always said, learnings really do sometimes are expensive.

It's unfortunate, but sometimes, people need to experience it the hard way in order to learn from it.

[Stompix]

Yes, I agree that she doesn't have any control of the meme coin, but she knows that a scam or a rug pull is happening, but she chose not to speak out of it.

She signed a contract with a company, she signed the rights off, she demanded money for that, and had a contract to keep promoting the token, which she did and get paid for, her only excuse is that she went on a money-grab spree to get as much as possible before the hype around dies that she ignored everything, including what's more important, the law. So, her only excuse is no excuse at all.

[Mr. Magkaisa]

Yes, I agree that she doesn't have any control of the meme coin, but she knows that a scam or a rug pull is happening, but she chose not to speak out of it.

She signed a contract with a company, she signed the rights off, she demanded money for that, and had a contract to keep promoting the token, which she did and get paid for, her only excuse is that she went on a money-grab spree to get as much as possible before the hype around dies that she ignored everything, including what's more important, the law. So, her only excuse is no excuse at all.

        -     It's like he was just hired as an endorser and paid just for endorsing meme coins then he doesn't care if the coin he's endorsing booms or not. That's how it's always done, right? to make the promotion of the coin quick.

So, it's really unfortunate for those who believe that if there is a bubble or something similar, the capital investment of an investor will be gone immediately.

[Crwth]

Thanks for sharing the video LogitechMouse. I was wondering what happened because I only saw some snippets of what happened with the coin itself.

 It’s just really sad that a lot of people lose money because they believe in an influencer starting their own coin. There are reasons why, though, because there are meme points that made a lot of people have a lot of money. They were probably waiting for that moment when the Hawk Tuah girl started her coin, and then they might have thought this was it.