Hailey Welch ‘Fully Cooperating’ With Lawyers Suing Over Failed HAWK Crypto

Hailey Welch ‘Fully Cooperating’ With Lawyers Suing Over Failed HAWK Crypto

“Hawk Tuah” woman Hailey Welch stated Friday she is “fully cooperating” with legal professionals representing individuals who misplaced cash investing in her crypto token, HAWK, which flopped in early December amid allegations of malfeasance.

“I take this situation extremely seriously,” she stated in a publish on X. The viral TikTok star inspired victims of HAWK coin to achieve out to the legislation agency suing HAWK’s creators as she works to “uncover the truth” concerning the token.

HAWK token — a memecoin on the Solana blockchain — imploded early this month at almost the second of its creation. On-chain observers have claimed insiders pocketed huge sums of cash on the expense of people that bought the token, and misplaced massive.

Its collapse sparked a lawsuit alleging securities violations towards the creators of Hawk Tuah coin. Filed by Burwick Legislation on behalf of people that misplaced cash on HAWK, it accused the creators of leveraging Welch’s web fame to unlawfully peddle an unregistered funding.

In an announcement, Burwick Legislation advised CoinDesk:

“Integrity and justice are two of our core principles. Yesterday, Burwick Law and Wolf Popper began the process of pursuing the individuals and organizations responsible for the harm caused to investors and fans by the $HAWK token. Sadly, this is one of many memecoin cases where institutional greed has exploited celebrities and their influence to harm everyday people.”

The controversy derailed Welch’s burgeoning arc as a content material creator who was parlaying her momentary web fame into low-tier superstar standing. She had capitalized on her second by signing illustration, sponsorship and picture licensing charges of her catchphrase and nickname, Hawk Tuah.

A kind of offers was for Hawk Tuah coin. Welch acquired a hard and fast charge in return for lending her likeness to the undertaking, in accordance with a press company that emailed CoinDesk with out first being contacted. The company’s e-mail acknowledged that “there was no guarantee she would make any additional money from the memecoin after.”

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 115,629.98 4.15%
ethereum
Ethereum (ETH) $ 2,939.72 6.38%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.53 5.30%
bnb
BNB (BNB) $ 688.02 2.71%
solana
Solana (SOL) $ 163.22 4.41%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.193082 7.62%
tron
TRON (TRX) $ 0.294087 1.21%
staked-ether
Lido Staked Ether (STETH) $ 2,939.19 6.46%
cardano
Cardano (ADA) $ 0.673496 8.77%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 115,504.95 4.08%
hyperliquid
Hyperliquid (HYPE) $ 43.56 7.19%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,550.10 6.36%
sui
Sui (SUI) $ 3.43 11.99%
bitcoin-cash
Bitcoin Cash (BCH) $ 516.09 0.69%
chainlink
Chainlink (LINK) $ 15.14 6.69%
stellar
Stellar (XLM) $ 0.300182 4.70%
avalanche-2
Avalanche (AVAX) $ 20.61 6.00%
leo-token
LEO Token (LEO) $ 9.04 0.81%
hedera-hashgraph
Hedera (HBAR) $ 0.191112 11.56%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,147.70 6.33%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 7.29%
usds
USDS (USDS) $ 1.00 0.01%
weth
WETH (WETH) $ 2,941.71 6.44%
the-open-network
Toncoin (TON) $ 2.94 3.46%
litecoin
Litecoin (LTC) $ 94.15 4.16%
whitebit
WhiteBIT Coin (WBT) $ 46.80 0.24%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.05%
monero
Monero (XMR) $ 328.58 0.38%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 115,685.00 4.16%
polkadot
Polkadot (DOT) $ 3.85 6.92%
bitget-token
Bitget Token (BGB) $ 4.58 4.28%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
pepe
Pepe (PEPE) $ 0.000012 11.85%
uniswap
Uniswap (UNI) $ 8.35 1.80%
aave
Aave (AAVE) $ 305.56 2.23%
pi-network
Pi Network (PI) $ 0.499695 6.92%
dai
Dai (DAI) $ 0.99995 0.04%
bittensor
Bittensor (TAO) $ 372.77 7.10%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.09%
aptos
Aptos (APT) $ 4.82 4.91%
near
NEAR Protocol (NEAR) $ 2.50 7.36%
crypto-com-chain
Cronos (CRO) $ 0.097057 2.27%
okb
OKB (OKB) $ 49.15 0.12%
internet-computer
Internet Computer (ICP) $ 5.38 5.02%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 198.48 4.41%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
ethereum-classic
Ethereum Classic (ETC) $ 18.30 4.33%
ondo-finance
Ondo (ONDO) $ 0.887206 6.96%
susds
sUSDS (SUSDS) $ 1.06 0.02%
kaspa
Kaspa (KAS) $ 0.085942 5.92%
usd1-wlfi
USD1 (USD1) $ 1.00 0.04%
mantle
Mantle (MNT) $ 0.628224 5.57%
cosmos
Cosmos Hub (ATOM) $ 4.61 6.84%
vechain
VeChain (VET) $ 0.02391 7.37%
ethena
Ethena (ENA) $ 0.314717 10.28%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.219852 6.93%
arbitrum
Arbitrum (ARB) $ 0.395561 12.29%
official-trump
Official Trump (TRUMP) $ 9.77 8.43%
gatechain-token
Gate (GT) $ 16.19 1.22%
fasttoken
Fasttoken (FTN) $ 4.46 0.27%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.731623 5.01%
render-token
Render (RENDER) $ 3.65 9.56%
worldcoin-wld
Worldcoin (WLD) $ 1.08 19.26%
algorand
Algorand (ALGO) $ 0.213919 12.20%
bonk
Bonk (BONK) $ 0.000023 13.43%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,944.63 6.48%
sky
Sky (SKY) $ 0.083644 3.06%
filecoin
Filecoin (FIL) $ 2.57 6.10%
sei-network
Sei (SEI) $ 0.312333 19.20%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 115,354.91 3.86%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.72 2.71%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 172.87 4.09%
spx6900
SPX6900 (SPX) $ 1.59 5.52%
usdtb
USDtb (USDTB) $ 0.999752 0.04%
first-digital-usd
First Digital USD (FDUSD) $ 0.999032 0.00%
kucoin-shares
KuCoin (KCS) $ 11.35 1.60%
jupiter-exchange-solana
Jupiter (JUP) $ 0.481823 7.41%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,087.53 6.60%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,350.32 6.38%
usdt0
USDT0 (USDT0) $ 1.00 0.07%
celestia
Celestia (TIA) $ 1.84 9.93%
fartcoin
Fartcoin (FARTCOIN) $ 1.30 17.87%
nexo
NEXO (NEXO) $ 1.26 2.22%
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.019161 22.33%
injective-protocol
Injective (INJ) $ 12.05 10.55%
xdce-crowd-sale
XDC Network (XDC) $ 0.072413 5.39%
flare-networks
Flare (FLR) $ 0.016683 2.79%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.75 11.84%
optimism
Optimism (OP) $ 0.654084 12.25%
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,147.48 6.47%
blockstack
Stacks (STX) $ 0.736942 7.59%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 3,090.35 6.45%
sonic-3
Sonic (S) $ 0.337244 6.24%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.01%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 115,514.95 4.25%
dogwifcoin
dogwifhat (WIF) $ 1.04 9.10%
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00 0.01%
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 3,097.45 6.67%
Scroll to Top