While the crypto market’s latest bull run has put extra cash in industry players’ pockets, Ol’ Saint Nick is preparing to put coal in some of their stockings.  

From controversial founders to outright scammers, several key figures in crypto landed themselves on Santa’s “Naughty List” in 2024. 

Here are Decrypt’s picks for the seven naughtiest in crypto this year:

Hawk Tuah Girl (Hailey Welch)

Viral internet star Hailey Welch, aka the “Hawk Tuah” Girl was catapulted into shitcoin superstardom earlier this month when she announced the launch of her HAWK meme coin. 

But Welch’s crypto debut went sideways shortly after the HAWK launch, with crypto investors pointing out that the token sale had all the major marks of an insider scam. 

Hawk-eyed traders pointed out that Welch’s team owned between 80-90% of HAWK’s supply on launch day, potentially allowing them to manipulate the price of the token. 

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Author: Liz Napolitano