CryptoMediaClub
Thursday, August 20, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Hawk Tuah Girl Vows Cooperation Amid $HAWK Lawsuit Over 90% Crash and $151K Losses

22.12.2024
A A
0
127
VIEWS
ShareShare

Haliey Welch, widely recognized as the “Hawk Tuah Girl” due to her viral online persona and the popularity of her podcast, Talk Tuah, has responded publicly to the ongoing controversy surrounding the $HAWK memecoin following a lawsuit filing.

The influencer issued a statement addressing her fans, investors, and the broader crypto community as she faced backlash and legal scrutiny after $HAWK’s dramatic 90% crash and investors losing over $151,000.

Welch emphasized her commitment to cooperating fully with legal representatives and uncovering the truth behind the project’s alleged fraudulent practices.

Public Apology After Lawsuit: Can Hawk Tuah Girl Repair Damages?

In a tweet shared with her followers, Welch expressed regret over the incident and pledged her assistance in the investigation.

I take this situation extremely seriously and want to address my fans, the investors who have been affected, and the broader community. I am fully cooperating with and am committed to assisting the legal team representing the individuals impacted, as well as to help uncover the…

— Haliey Welch (@HalieyWelchX) December 20, 2024

Welch’s legal team also contacted Cryptonews to reiterate her stance and provide additional details.

In their statement, they emphasized that Welch was not involved in the technical or financial aspects of the $HAWK token’s deployment.

Welch’s legal team said:

“Haliey Welch did not spearhead or create this project. She simply received a sponsorship fee for lending her persona to those who created and deployed the memecoin.”

They further clarified that her role was confined to promotional activities under a fixed-term agreement and that she had no knowledge of the alleged market manipulation tactics used by the project creators.

“Outside of the initial fixed fee, there was no guarantee she would make additional money from the memecoin thereafter.”

The Context Behind the $HAWK Lawsuit

The $HAWK token was launched in early December and was promoted heavily by Welch.

It initially reached a market capitalization of $490 million before collapsing by 93% shortly after its debut.

Allegations of a rug pull quickly surfaced, prompting Burwick Law to file a federal lawsuit on behalf of 12 U.S.-based plaintiffs who collectively lost $151,000.

🚨 Investors are taking action! A lawsuit has been filed against the creators of Hawk Tuah ($HAWK) after a shocking 90% crash led to $151K in losses. #Crypto #HawkLawsuithttps://t.co/FlONUafCc0

— Cryptonews.com (@cryptonews) December 19, 2024

The lawsuit names Alex Larson Schultz (a.k.a. Doc Hollywood), OverHere Limited, Clinton So, and Tuah the Moon Foundation as defendants.

Welch herself is not named in the lawsuit but faces criticism for her involvement in endorsing the project.

Blockchain analysis revealed that over 96% of the token supply was concentrated in connected wallets, some of which were involved in significant sell-offs.

These actions sparked outrage among investors, many new to cryptocurrency and heavily influenced by Welch’s public endorsement.

Social media exploded with accusations and tales of financial devastation from investors who placed their trust in the project.

Welch has maintained that her involvement in the $HAWK project was limited to a promotional agreement, wherein she was compensated for promoting the token on her platforms.

Her legal representatives assert that she had no visibility into the project’s internal operations or the tokenomics and that the red flags—such as centralized wallet distributions—were neither disclosed nor apparent to her during the agreement.

“Due to her limited role, Haliey was completely siloed from this project and had zero control over it.”

They further asserted that Welch was the victim of poor advice and exploitation by the company, which sought to capitalize on her viral success.

Despite the controversy, Welch’s team is working to repair her public image.

Welch’s statement suggests a commitment to clearing her name and moving forward in her career.

Meanwhile, Burwick Law continues to build its case, encouraging affected investors to come forward.

The post Hawk Tuah Girl Vows Cooperation Amid $HAWK Lawsuit Over 90% Crash and $151K Losses appeared first on Cryptonews.

Share10Tweet6ShareSharePin2

Related Posts

Ripple’s $50B Valuation Keeps IPO Talk in Check
All news

Ripple’s $50B Valuation Keeps IPO Talk in Check

20.08.2026
0

Ripple CEO Brad Garlinghouse struck a noticeably softer tone on the company’s IPO prospects at the Wyoming Blockchain Symposium, even...

Read moreDetails
XRP Price Prediction: Lowest Since 2024, $1 at Risk

XRP Price Prediction: Lowest Since 2024, $1 at Risk

20.08.2026
Elon Musk Grok AI Just Made a Surprisingly Bullish XRP Price Predicts

Elon Musk Grok AI Just Made a Surprisingly Bullish XRP Price Predicts

19.08.2026
Bitcoin Price Prediction: BlackRock Just Cut Its Bitcoin ETF Minimum by 96%

Bitcoin Price Prediction: BlackRock Just Cut Its Bitcoin ETF Minimum by 96%

19.08.2026
Microsoft Copilot AI Predicts When Bitcoin Could Finally Reach $100,000 In 2026

Microsoft Copilot AI Predicts When Bitcoin Could Finally Reach $100,000 In 2026

19.08.2026
Load More
Next Post
Five Unique Holiday Gifts For Bitcoin and Crypto Enthusiasts

Five Unique Holiday Gifts For Bitcoin and Crypto Enthusiasts

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects

MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects

3 years ago
Justin Sun Sues World Liberty Financial Over WLFI Crypto Token Freeze

Justin Sun Sues World Liberty Financial Over WLFI Crypto Token Freeze

4 months ago
Trump Just Confirmed He Will Speak at the TRUMP Memecoin Gala: Will His Words Move the Crypto Market?

Trump Just Confirmed He Will Speak at the TRUMP Memecoin Gala: Will His Words Move the Crypto Market?

4 months ago
Bitcoin Miners Rake in Impressive $916 Million in May Revenue

Bitcoin Miners Rake in Impressive $916 Million in May Revenue

3 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Elon Musk Grok AI Just Made a Surprisingly Bullish XRP Price Predicts

Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields

Bitcoin Price Prediction: BlackRock Just Cut Its Bitcoin ETF Minimum by 96%

How crypto turned a 68-point deficit into a market lead as Bitcoin and top altcoins outrun the Nasdaq

Microsoft Copilot AI Predicts When Bitcoin Could Finally Reach $100,000 In 2026

Strategy Just Stopped Bitcoin News: Is the Market’s Biggest Corporate Bid Gone for Good?

Trending

Ripple’s $50B Valuation Keeps IPO Talk in Check
All news

Ripple’s $50B Valuation Keeps IPO Talk in Check

20.08.2026
0

Ripple CEO Brad Garlinghouse struck a noticeably softer tone on the company’s IPO prospects at the Wyoming...

Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed

Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed

20.08.2026
XRP Price Prediction: Lowest Since 2024, $1 at Risk

XRP Price Prediction: Lowest Since 2024, $1 at Risk

20.08.2026
Elon Musk Grok AI Just Made a Surprisingly Bullish XRP Price Predicts

Elon Musk Grok AI Just Made a Surprisingly Bullish XRP Price Predicts

19.08.2026
Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields

Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields

19.08.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz