Hey, yeah, so we all take dumps, right?
It is a part of life, you know, poop is not fake.
No.
Sorry, everyone, we all take dumps.
However, very rarely do we, hopefully,
hopefully none of you do this,
but there is a thing called a pump and dump scam.
And if you, I don't know, if you've been alive
for more than two years,
you'd probably know of a girl that's called Haktua, right?
The girl that went famous
because she said something while she was drunk.
On TikTok.
On TikTok and then blew up and then she was just,
she appeared everywhere, right?
She was throwing the first pitch at a baseball game
for some weird reason.
She was getting boot off stage at concerts.
They were selling merch.
They were selling limited edition trading cards.
Don't really know.
Anyways, so it does not surprise me at all
that she had her own cryptocurrency,
just really cashing in everything.
I will say that some of the content that I have seen of hers,
she does try to give back a lot of like money
into animal shelters and those things.
So I'm not bashing her at all.
It's just a very weird thing for me.
It's, it, it.
She'd go viral for her.
She has, she has really parlayed that viral moment
into quite a bit of fame in a way
that I don't think we've ever seen anyone else do.
That was what really fascinated me about her initially.
Because her initial viral moment,
talking about what the proper method of fallatio is, right?
Okay.
You know, she's really parlayed.
She's got a podcast.
She was on there with Whitney Covey.
She's done a bunch of stuff since then.
But in classic internet fashion,
being an internet celebrity,
she of course went the route
that so many other internet celebrities have gone.
So tell us about her latest endeavor.
Yeah.
Cryptocurrency.
So if you're not familiar, a pump and dump scheme,
it's very common in crypto.
This is where, you know, coins are bought
at a very low price.
There's a heavy promotion to invade, inflate their value.
So a lot of marketing, and then it's sold off at a peak,
often by company insiders.
And then essentially like the common folk investors
are kind of left losing a lot of money.
That is what Haktua girl or her, I don't know,
her enterprise is being accused of.
There has been at least one formal complaint
by an investor that has been filed
by the US securities and exchange commission.
I will say Haktua girl is denying all allegations
that she sold a single coin.
So the question is, and what do you think, Alex?
Did people go in?
Some, maybe some investors came in,
bought a ton of coins knowing that it was going to go up
and then just simply, once it went up,
they just pulled their money out.
Or do you think this is an inside job?
So I am of two minds.
My first mind is whether she did it or not, right?
I'll be honest, having listened to some of her podcasts,
having kind of heard her talk, I'll be honest,
I don't think she has the guile and background
to run a pump and dump scheme,
which is what she's being accused of by the SEC
or by people who are filing complaints with the SEC.
That all being said, I don't think she's behind it.
And again, she's only operating, I think,
off the information that she's getting from her team.
To the people who are upset about this,
this is gonna come as a surprise, I think,
to some of you who've listened to me for a long time.
I have no sympathy, none.
In the year of our bog 2024, almost 2025,
you should know very, very well two things, two things.
One, cryptocurrencies is essentially completely unregulated,
which means it's the wild fucking West out there.
What happens with crypto?
Have they minted billionaires off of crypto?
Absolutely.
Have people lost their shorts with crypto?
Fuck yeah, they have.
And here's it again, in the year of our bog 2024,
you should know better.
Do not invest anything.
And again, I am not a financial advisor, neither is Jay.
We're not here to provide you with long-term financial advice.
All the caveats, legal caveats for this, in my opinion,
do not put anything into crypto
that you are not willing to light on fire.
Okay?
Yeah.
Nothing, okay?
100%.
Okay, do not put anything into crypto
that you're not willing to light on fire, okay?
It is a 100% gamble, any money that you put into any crypto,
you need to be willing to lose 100% of that money.
I feel like legitimately more comfortable
playing blackjack at a Vegas casino
than I do fucking around in the crypto market.
That's a good point.
Full stop, man.
Like that's just how I feel about it.
You know, if you're fucking with crypto, man,
like that's on you.
It's kind of on you.
100%.
And I think, because there's so many,
there's so many like YouTube videos of like,
how to invest and how to get rich quick, right?
You need to really think and really try to understand
what, with stocks or anything, like what is,
is what is this, what's the value based off of, right?
Like crypto, there's nothing.
It's a meme coin.
And this one especially, more so than Bitcoin or others,
this is a fucking meme coin.
Yeah.
We're not talking about like AMC stock
where they actually have assets,
they're an actual company, they actually make money, right?
There's nothing backing this coin.
It's just a meme coin.
So yes, be careful with your investments,
with your money.
So, I honestly, I hope she doesn't see
the inside of a sell for this.
I don't, I don't, again, I don't think she's got the guy
out of the background to run this the right way.
She was working at like a plastics factory,
when she made her hock to a joke, you know, like,
straight up, like she doesn't.
So, she seemed very nice and innocent.
Wait, wait, wait.
No, she's very nice.
She seems like a decent kid.
Anyway, that's what we think.
Let us know what you think of the chatter
in the comments down below.
And keep your hands off the meme coins.