Crypto Buzz Turns Dark: A Tale of Risk and Reputation

USASun Mar 22 2026
The world of crypto can be a wild ride, and one influencer’s recent story shows how quickly things can turn sour. A popular online personality, known as the “Hawk Tuah girl, ” jumped into promoting a new meme coin called HAWK in early 2024. The launch was a short‑lived success, reaching almost half a billion dollars in market value within hours. But the next day, the coin collapsed by more than 90 percent, dropping its worth to about $41 million. Many people saw this as a classic rug pull, where the creators disappear with investors’ money. The influencer claimed she had no technical knowledge of how to create a cryptocurrency and did not hold any of the HAWK funds. She said she cooperated with an FBI investigation in 2025, which found no evidence of wrongdoing on her part.
Despite the investigation clearing her name, she said she still faced death threats and intense online harassment. The stress led her to keep a low profile for months, saying the experience was “traumatizing. ” Not everyone agreed with her account. A crypto analyst named ZachXBT criticized her for launching the coin after being warned by the community. He suggested she should have stayed away from the project and that her actions caused followers to lose money. A lawsuit was filed in December 2024 against the team that managed HAWK, alleging they sold unregistered securities. The influencer was not named in the suit. This incident highlights how quickly crypto ventures can implode and how public figures can become targets of backlash, even when they are not directly responsible for the financial loss.
https://localnews.ai/article/crypto-buzz-turns-dark-a-tale-of-risk-and-reputation-893a3db

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