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BlockNews
Home CRYPTO

Hawk Tuah Girl Returns After Scamming Fans With Meme Coin Launch

Michael Juanico by Michael Juanico
December 20, 2024
in CRYPTO
Reading Time: 3 mins read
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  • Haliey Welch released her first statement after going MIA following the ‘Hawk Tuah’ crypto crash
  • She claims she is cooperating with a law firm representing investors affected by the failed $HAWK memecoin launch
  • Welch says she wants to help uncover the truth, hold responsible parties accountable, and resolve the matter

Internet sensation Haliey Welch, known as the ‘Hawk Tuah‘ girl, has broken her silence following the notorious crash of her branded cryptocurrency, the $HAWK memecoin. This public statement arrives after Mashable reported on her disappearance from the public eye after the disastrous launch.

JUST IN: $HAWK Tuah girl Haliey Welch has woken up after 15 days of radio silence

Stating she is “fully cooperating” with her legal team $HAWK token price has spiked 80% since her return 🤣 pic.twitter.com/2BSdn8h0Cb

— BlockNews (@blocknewsdotcom) December 20, 2024

Haliey Welch Resurfaces

Long-awaited by her fans, Haliey Welch reappeared less than a day after Mashable brought attention to her sudden absence. Her disappearance came on the heels of the failure of her Hawk Tuah branded memecoin, HAWK. In her statement, shared with Mashable and posted on her account, Welch expressed her intention of assisting her fans who suffered financial losses due to the memecoin’s failure. She encouraged those affected by the crypto crash to reach out to the law firm that lodged the lawsuit against the creators of HAWK.

The Silence Following the HAWK’s Collapse

Prior to this statement, the last public interaction from Welch was during an audio stream on December 4. Welch, alongside the crypto group responsible for the memecoin project, attempted to clarify why HAWK collapsed shortly after its launch. Since this event, Welch disappeared from the public eye for over two weeks, causing her popular podcast, Talk Tuah, to go on an unexpected hiatus.

marca.com

Welch’s Position on the HAWK Project

According to Welch’s statement, she asserts that her involvement in the HAWK memecoin project was limited to lending her brand and star power for its promotion. “I take this situation extremely seriously and want to address my fans, the investors who have been affected, and the broader community,” reads Welch’s statement. She expressed her full cooperation with the legal team representing those impacted, and her commitment to uncovering the truth, holding the guilty parties accountable, and resolving the issue.

The Unfortunate Outcome of the HAWK Launch

The HAWK memecoin, based on Welch’s viral Hawk Tuah catchphrase, was launched on December 4. Like many other celebrity-endorsed cryptocurrency projects, HAWK was ‘rug pulled’, which typically implies that a few insiders who held the majority of the crypto tokens dumped their holdings shortly after the memecoin launched to the public. As a result, the coin’s market cap fell by millions of dollars, causing immense losses for many of Welch’s fans and investors.

Conclusion

Amidst the controversy, fans of Talk Tuah can take comfort in Welch’s plans to continue her podcast as soon as she clarifies her involvement in the HAWK project. As the fallout from the HAWK memecoin crash continues to unravel, the spotlight remains on Welch, her role in the debacle, and the future of her brand.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: cryptoHaliey WelchHawk tuahMashableMemecoin
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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