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Hawk Tuah Girl Breaks Silence on Alleged Cryptocurrency Scam – Gizmodo

December 20, 2024

Hayley Welch, better known as Hawk Tua Girl, is known for speaking exclusively, but she has remained silent for over two weeks following the collapse of her branded meme coin $HAWK. Well, Welch is back, but not in front of the microphone. Instead, she issued a very legalistic statement following news that a class action lawsuit has been filed against $HAWK and the team responsible for its unscrupulous but highly predictable crash.

“I take this situation very seriously and would like to appeal to our fans, affected investors and the broader community,” Welch said. said. “I fully cooperate and support the legal teams representing the individuals affected, and am committed to uncovering the truth, holding those responsible accountable, and resolving this matter. .”

something bigWe're all trying to find the guy who did this” can be felt from the second half of her statement.

It's been a minute since Welch, who completely inexplicably rode his TikTok fame to internet stardom on a viral moment, said…well, anything. Until December 4th, she was doing business as usual, posting episodes of her Talk to a podcast and promoting the $HAWK coin almost every time on Twitter. Once $HAWK was officially launched, it looked like the bottom had fallen out.

$HAWK launched on December 4th at 5pm EST. According to Analysis by TRM Labsthe initial market capitalization was $490. Within hours, the value plummeted by 91%, dropping the market cap to $41.7 million. After about 10 days, the value of the token was essentially zero.

Welch and the overHere Ltd team responsible for creating the $HAWK coin hopped on a Twitter Spaces stream on the night of the launch to explain what happened. That…didn't work. Cryptocurrency scam reporter and YouTuber Coffeezilla got on the mic It accused the creators of selling a significant amount of their tokens to insiders prior to issuance, releasing only 3% to the public for trading, and allegedly paying high transaction fees. did. The result was much like a rug being pulled from the rug, with many Hawk Tua fans left holding their bags.

It was all pretty confrontational, but somehow ended when Welch decided he was just in a zombie state and needed a break. “Anyway, I'm going to bed and see you tomorrow,” Welch said and left the universe. And that was the last I heard from her.

Fittingly, she came back from being an investor in $HAWK just one day later. filed a class action lawsuit Compete against the overHere team who created Meme Coin. They claim they lost a total of $151,000. This is unfortunate, but it also means I invested $151,000 in a meme coin built around the Hawk Tua girl. No one deserves to lose their money, but has anyone thought of putting that money in an IRA or something? In any event, Mr. Welch is not currently named as a defendant in the lawsuit. In fact, she works with Berwick Law Firm, which represents defrauded investors.

Welch has long maintained that he wasn't trying to scam fans, but at least that's plausible. in spite of Post the coin's “tokenomics”it seems like she didn't really understand what was going on with the whole thing. But she is said to have done so Net amount of $125,000 It's just to promote the coin, and the unlucky person who put that big buck into it probably wasn't that careful considering the most likely outcome.