Lil Tay Crypto Coin – Everything to Know [Scam Or Real?]

A Lil Tay crypto coin was discovered out of the blue following the death hoax surrounding the 14-year-old influencer.

What is the Lil Tay crypto coin? Who is behind the Lil Tay crypto coin? Have experts declared it a scam or real?

Read on for all these details about the Lil Tay Crypto coin.

Lil Tay Crypto coin

A Lil Tay crypto coin was launched Thursday, August 11th 2023 – one day after Lil Tay was announced dead.

Whilst it has since been clarified that Lil Tay is not dead – strange happenings continue to spring up around this youngster.

A crypto coin named for Lil Tay was released less than a day after the 15-year-old influencer’s verified Instagram account announced that she had died, Insider.com reported. 

The crypto coin called Lil Tay, was launched on the BNB Smart Chain on Thursday morning with a total supply of 100 coins.

According to Rolling Stone, Lil Tay’s former manager Henry Tsang was named as the CEO of a crypto coin called Lil Tay Token which uses Tay’s name and likeness.

However, Henry Tsang has denied any involvement with the launched Lil Tay crypto coin.

Tsang told Insider he had been planning to launch a Lil Tay cryptocurrency coin, and had begun developing the token in April, but denied any connection to the one released. 

On Thursday, he took down a Lil Tay token site he’d launched earlier this year. 

“One hundred percent not me,” he said. “I gave a warning to everyone already. That is not us. We just took down the website and everything.”

Tsang also shared a warning on Twitter about a potential scam involving the launched Lil Tay crypto coin.

“Sharing this to let everybody know that we will not be launching anything soon. We’ve been in development for 4-5 months now. If anybody is reaching out to you for money saying they’re involved with $liltay it’s not true. If you see another token/coin with liltay it’s a scam,” the tweet from the official Lil Tay crypto coin Twitter account read.

After news of Lil Tay’s death was announced, Tsang spoke to some media outlets and expressed doubts. 

He also made an announcement on Twitter after it was confirmed she was not dead, with the Lil Tay crypto coin account again tweeting: “Good Morning Legends! Our CEO Harry Tsang has been active with the mainstream media, there are certain things we’re unable to address at the moment. This situation calls for cautious consideration and respect for the sensitivities involved,”

They later clarified once more: “”Our response was due to the fact that our CEO managed Liltay,” they wrote. “We had no direct connection with the information released on Instagram. This was personal to him so we had to address it immediately.”

Lil Tay crypto coin – scam or real?

The Lil Tay crypto coin according to theBitTimes “is a cryptocurrency, deployed on Binance Smart Chain(BSC BEP-20)”

It adds: “Lil Tay is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency liltay, to facilitate programmable payments and open financial infrastructure development.,”

However, as already mentioned, Henry Tsang, Lil tay’s former manager who actually started the idea for the Lil Tay crypto coin has denounced the one out in the market.

He also told ET that he no longer wants to launch the Lil Tay token amid the current headlines about her family, explaining, “I don’t want to rip people off.”

Meanwhile, the post about the Lil Tay crypto coin on theBitTimes contains a clear warning: “This token has been flagged due to evidence of a bug, hack, or scam,”

So the Lil Tay crypto coin is clearly a scam and you fall for it at your own peril!

Death Hoax

did lil tay die

Young influencer Lil Tay was announced dead on Wednesday, August 10th 2023 via a statement on her Instagram account.

“It is with a heavy heart that we share the devastating news of our beloved Claire’s sudden and tragic passing,” the now-deleted statement read. “We have no words to express the unbearable loss and indescribable pain. This outcome was entirely unexpected, and has left us all in shock. Her brother’s passing adds an even more unimaginable depth to our grief.”

“During this time of immense sorrow, we kindly ask for privacy as we grieve this overwhelming loss, as the circumstances surrounding Claire and her brother’s passing are still under investigation,” the statement continued. “Claire will forever remain in our hearts, her absence leaving an irreplaceable void that will be felt by all who knew and loved her.”

A day later, Lil Tay came out to clarify she is not dead.

“I want to make it clear that my brother and I are safe and alive, but I’m completely heartbroken, and struggling to even find the right words to say. It’s been a very traumatizing 24 hours. All day yesterday, I was bombarded with endless heartbreaking and tearful phone calls from loved ones all while trying to sort out this mess.”

“My Instagram account was compromised by a 3rd party and used to spread jarring misinformation and rumors regarding me, to the point that even my name was wrong,” she continued. “My legal name is Tay Tian, not ‘Claire Hope.'”

However, Lil Tay’s former manager Tsang, who as we mentioned was planning to launch the Lil Tay crypto coin, believed her brother was behind the ‘death hoax’ as a publicity stunt and rubbished the claim she was hacked.

“I find relief in the fact that she is safe. However, I believe the reported hacking incident may not have occurred.”

“My rationale for this perspective is twofold: firstly, the restoration of a compromised account on platforms like Meta/Instagram typically does not necessitate a 24-hour timeframe,” Tsang continued. “Secondly, the actions of Liltay’s brother, renowned for his propensity for extreme measures, lead me to hypothesize an alternative motive behind this occurrence. It is conceivable that the intention behind these events could be rooted in an endeavor to illicitly extract funds from devoted supporters and unwitting bystanders.”

“Simultaneously, if the underlying motive is indeed to rekindle Liltay’s prominence within the public sphere, I contend that such actions demonstrate a certain degree of irresponsibility. It’s essential to consider the potential repercussions of employing such tactics, particularly given their potential impact on the perceptions and sentiments of the broader audience,” he concluded.

Tsang also told ET that he believes Jason was behind the death hoax in order to raise awareness and funds via the GoFundMe. 

Lil Tay Biography / Wiki

Lil Tay wikipedia

Lil Tay is a Chinese-Canadian social media influencer who rose to fame as a nine-year-old in 2017 and was erroneously announced dead aged 14 in 2023!

A day later – it emerged that Lil Tay was not dead assumed – she claims her account was hacked.

What is Lil Tay’s real name? The child star was born Claire Eileen Qi Hope to her father Christopher John Hope and her mother, Angela Tian. 

Lil Tay’s mother Angela has worked as a realtor for the firm Pacific Evergreen Realty in Vancouver whilst her father, Christopher J. Hope is a lawyer and author.

Despite claiming in her videos that she used to live in Atlanta, Georgia, and then moved to Los Angeles, California – Lil Tay is actually from Vancouver, Canada.

According to her father, Lil Tay wanted to pursue acting and singing when she grew up before her sad demise at 14.

Lil Tay garnered viral fame on YouTube and social media after she began posting videos in 2017 aged just nine. 

Her controversial videos showed her cussing, insulting passersby, flashing stacks of cash and even starting fights. 

She showed off videos flaunting a pile of cash, flexed beside luxury sports vehicles and branded accessories. Tay boasted that she was just nine years old and made millions by working hard.

Despite critics lambasting her and her family for her grown-up content, Lil Tay quickly racked up more than 3.3 million followers on Instagram alone and was pegged as one of the internet’s biggest rising stars.

She also amassed over 220,000 subscribers on YouTube with videos amassing millions of views. Her most recent videos, posted five years ago, received 1.6million and 2.6million views.

However, at the height of her fame in 2018, Lil Tay completely vanished from social media.

The young star has been noticeably absent from social media in the past five years with her last post on the platform being in honor of rapper XXXTentacion following his death in 2018.

Lil Tay was friends with XXXTentacion and dedicated her last Instagram post to mourning him.

She wrote: “’X you truly changed me. You were there for me when everyone wanted me to fail, you were there to give me advice, you were there. 

As a father figure, when I don’t have one, you were here, FaceTiming me and calling me for hours when I’m down…

“’I can’t believe this, the evil in the world, This isn’t good Bye. I love you Bro.”

Instagram

Lil Tay is on Instagram @liltay

She has over 3million followers.

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