Hailey Welch has lastly addressed the devastating crash of her memecoin $HAWK. Often called the Hawk Tuah Lady, the 22-year-old issued a press release on social media after weeks of disappearance following her crypto foreign money controversy, which precipitated buyers to lose hundreds of thousands.
Hawk Tuah Lady breaks silence after lawsuit filed over $HAWK memecoin crash
Within the lawsuit filed Thursday towards the $HAWK creators in New York District Court docket, buyers accused overHere Ltd, its founder Clinton So, social media influencer Alez Larson Schultz and the Tuah The Moon Basis of fraudulently promoting Welch’s superstar memecoin, per Hollywood Reporter.
Welch, who was not named as a defendant within the lawsuit, issued a press release on X, previously Twitter Friday that learn, “I take this case extraordinarily critically and need to tackle my followers, the buyers who’ve been affected, and the broader group.”
Offering a grievance hyperlink, she added, “I’m totally cooperating with and am dedicated to aiding the authorized crew representing the people impacted, in addition to to assist uncover the reality, maintain the accountable events accountable, and resolve this matter. When you’ve got skilled losses associated to this, please contact Burwick Regulation utilizing the hyperlink under.”
The web persona’s assertion comes two weeks after the devastating crash of her cryptocurrency. On December 4, Welch launched her highly-anticipated memecoin, which flourished to a whopping $500 million on Solana. Nevertheless, simply 20 minutes into the launch, $HAWK plunged to $60 minutes, costing some buyers their “entire life financial savings.”
Within the wake of the sudden crash, buyers, who had been primarily her followers, accused Welch and her $HAWK crew of “rug pull” rip-off. Nevertheless, billionaire investor Mark Cuban just lately defended her, saying, “It wasn’t one thing she totally understood.” “However she trusted the individuals round her,” the Shark Tank star added throughout a podcast with The Washington Put up‘s Jules Terpak.
