A 22-year-old social media influencer accused of pulling a crypto rug pull scam says she’s ready to cooperate and uncover the truth after a class action lawsuit was filed against her. In a new thread on the social media platform X, Haliey Welch – known as the “Hawk Tuah” girl after a clip of her […]
The post Haliey Welch Says She’s Ready To Cooperate and Uncover Truth After HAWK Investors File Lawsuit Against Project appeared first on The Daily Hodl.
Investors who bought the token that “Hawk Tuah” meme star Haliey Welch launched earlier this month are taking legal action against the people behind the project. The price of Welch’s Solana (SOL)-based memecoin HAWK surged shortly after it went live earlier this month, but the token lost more than 95% of its value a few […]
The post Law Firm Files Federal Suit on Behalf of Investors Who Bought Haliey Welch’s Ill-Fated HAWK Memecoin appeared first on The Daily Hodl.
“The HAWK Token exhibits all the characteristics of an unregistered security under established legal precedent,” litigants claimed.
Investors filed a lawsuit against several entities involved in the launch of the Hawk Tuah (HAWK) memecoin on Dec. 19, alleging that the defendants engaged in the promotion and sale of an unregistered securities offering.
According to the legal filing, the defendants named in the lawsuit include the Tuah The Moon Foundation, OverHere Ltd, Clinton So, and Alex Larson Schultz — who allegedly promoted the memecoin. Attorneys for the plaintiffs wrote:
The Hawk Tuah memecoin surged to a market capitalization of approximately $491 million hours after its launch but plummeted by more than 90% immediately afterward.
The coin quickly crashed and lost most of its value in a matter of hours. ‘Hawk Tuah Girl’ Meme Coin HAWK Goes Kaput Within Hours of Launch Haliey Welch, more commonly known as “Hawk Tuah Girl” on the Internet, launched a much-hyped-about Solana-based meme coin HAWK on Dec. 4. Within hours, it cratered by more […]
Internet personality Haliey Welch, herself of meme fame, is facing backlash and serious accusations after the implosion of her HAWK memecoin. According to a report from the BBC, the Talk Tuah host’s Solana (SOL)-based memecoin HAWK lost more than 95% of its value within hours after launch, prompting YouTuber Coffeezilla to accuse Welch of executing […]
The post Haliey Welch of Hawk Tuah Fame Faces Backlash Over Alleged Memecoin Pump-and-Dump: Report appeared first on The Daily Hodl.
