A 22-year-old social media influencer accused of pulling a crypto rug pull scam says she’s ready to cooperate and uncover the truth after a class action lawsuit was filed against her.

In a new thread on the social media platform X, Haliey Welch – known as the “Hawk Tuah” girl after a clip of her went viral earlier this year – says she’s fully committed to resolving the issue.

“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 truth, hold the responsible parties accountable, and resolve this matter.”

Welch recently launched HAWK, a Solana (SOL)-based memecoin  that lost 95% of its value just a few hours after its launch, leading to accusations of her conducting a rug pull scam.

A rug pull scam is when the creators of a new token intentionally inflate its price and then sell the large amounts they are holding, causing the asset to plummet and leaving investors holding the bag.

Earlier this week, New York-based Burwick Law said it filed a federal lawsuit against Welch on behalf of HAWK investors.

“This case involves claims related to investor protections under federal law and the HAWK TUAH memecoin HAWK launched on December 4, 2024.”

HAWK is trading for $0.00003409 at time of writing, a 2.1% decrease on the day. At its peak, it was valued at $0.00008917.

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Haliey Welch Says She’s Ready To Cooperate and Uncover Truth After HAWK Investors File Lawsuit Against Project appeared first on The Daily Hodl.

A 22-year-old social media influencer accused of pulling a crypto rug pull scam says she’s ready to cooperate and uncover the truth after a class action lawsuit was filed against her.

In a new thread on the social media platform X, Haliey Welch – known as the “Hawk Tuah” girl after a clip of her went viral earlier this year – says she’s fully committed to resolving the issue.

“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 truth, hold the responsible parties accountable, and resolve this matter.”

Welch recently launched HAWK, a Solana (SOL)-based memecoin  that lost 95% of its value just a few hours after its launch, leading to accusations of her conducting a rug pull scam.

A rug pull scam is when the creators of a new token intentionally inflate its price and then sell the large amounts they are holding, causing the asset to plummet and leaving investors holding the bag.

Earlier this week, New York-based Burwick Law said it filed a federal lawsuit against Welch on behalf of HAWK investors.

“This case involves claims related to investor protections under federal law and the HAWK TUAH memecoin HAWK launched on December 4, 2024.”

HAWK is trading for $0.00003409 at time of writing, a 2.1% decrease on the day. At its peak, it was valued at $0.00008917.

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Haliey Welch Says She’s Ready To Cooperate and Uncover Truth After HAWK Investors File Lawsuit Against Project appeared first on The Daily Hodl.