Who will be held responsible for the $HAWK memecoin crash by end of 2024?
Haliey Welch • 25%
Token developers • 25%
Marketing agency • 25%
No party held responsible • 25%
Public court records or official press release from involved parties
Haliey Welch Sued Over $HAWK Memecoin's 95% Crash, $151K Losses Alleged
Dec 19, 2024, 10:28 PM
Haliey Welch, known as the 'Hawk Tuah Girl,' is being sued by investors after the memecoin she promoted, $HAWK, crashed by over 95% on its launch day, causing losses totaling approximately $151,000. The coin, launched on the Solana network, had briefly reached a market capitalization of $490 million before plummeting. Investors allege that the token was unlawfully promoted and sold as an unregistered security. Welch had been silent for two weeks following the coin's collapse but has now issued a statement claiming she was a paid sponsor, not the creator, and is cooperating with legal authorities to help uncover the truth and hold the responsible parties accountable.
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Settlement reached • 25%
Case dismissed • 25%
Welch not liable • 25%
Welch found liable • 25%
SEC • 25%
No action taken • 25%
Both SEC and FTC • 25%
FTC • 25%
No wrongdoing found • 25%
Minor regulatory violations • 25%
Major fraud confirmed • 25%
Investigation inconclusive • 25%
Remains stable • 25%
Decreases • 25%
Increases by less than 50% • 25%
Increases by 50% or more • 25%
Project merges with another • 25%
Project rebrands • 25%
Project is abandoned • 25%
Project continues with changes • 25%
Court rules in favor of creators • 25%
Case dismissed • 25%
Settlement reached • 25%
Court rules in favor of investors • 25%
Mostly positive • 25%
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Neutral • 25%
Mixed • 25%
Declared security • 25%
No action taken • 25%
Pending decision • 25%
Not declared security • 25%