In an unexpected turn of events, the Lil Tay crypto coin named after the controversial teen influencer Lil Tay was introduced to the market, sparking intrigue and raising questions just a day after her verified Instagram account declared her death. The introduction of the “Lil Tay” cryptocurrency, which coincided with the announcement of her passing, has led to a series of curious developments and denials.
The cryptocurrency, bearing the name of the 15-year-old social media personality, was officially launched on the BNB Smart Chain on a Thursday morning, boasting a limited supply of 100 coins. Despite its rapid emergence, no party has yet stepped forward to claim responsibility for the creation and release of this unique digital asset.
How was the Lil Tay crypto coin introduced after the announcement of her death on Instagram?
Interestingly, Harry Tsang, Lil Tay’s former manager, disclosed his involvement in conceptualizing a Lil Tay crypto coin prior to its sudden unveiling. He affirmed that he had been in the process of developing the token since April. However, Tsang vehemently denied any association with the cryptocurrency that was released following the news of Lil Tay’s reported demise. He expressed his detachment from the released coin and promptly took down a Lil Tay token-related website that he had launched earlier in the year.
Via Twitter, Tsang sounded the alarm about a potential scam linked to the newly introduced token, issuing a cautionary warning to users to be vigilant.
The timing of the cryptocurrency’s launch closely coincided with the now-removed announcement on Lil Tay’s Instagram account, which claimed the unexpected passing of both the young star and her brother. The message conveyed profound shock and grief, leaving readers in disbelief. However, questions regarding the veracity of the announcement arose, particularly considering the lack of confirmation from reliable sources and the unavailability of concrete evidence to corroborate the claim.
While local authorities in both Los Angeles, where Lil Tay resided, and Vancouver, where she spent part of her upbringing, have yet to confirm any investigations into the alleged death of Claire Hope (Lil Tay’s real name), doubts persist about the legitimacy of the announcement.
Lil Tay initially skyrocketed to prominence at the age of 9 through her audacious and controversial online content, which often featured extravagant displays of wealth and ostentation. Garnering attention as “the world’s youngest flexer,” she collaborated with divisive figures like Danielle Bregoli and Jake Paul, setting off a whirlwind of media coverage and debates.
Amid the controversies, including leaked videos suggesting scripting of her content by her brother, Lil Tay’s online presence was temporarily erased, only to later reappear in 2021. During this resurgence, she and her brother made serious allegations of abuse against their father, launching a GoFundMe campaign to support their legal efforts to secure their mother’s custody. Legal actions and denials ensued, further adding to the complex narrative surrounding the young influencer.
As Lil Tay’s story continues to unfold, the release of the Lil Tay crypto coin, in the wake of the announcement of her alleged demise, adds an unexpected layer of intrigue to her already enigmatic journey. The peculiar sequence of events surrounding this cryptocurrency launch underscores the blurred lines between reality and speculation in the world of influencers and emerging technologies.
Meanwhile, if you’re more interested in crypto rather than the magazine surrounding it, make sure to check out Sam Altman’s crypto initiative Worldcoin.
Featured image credit: Instagram