Analysis

Haliey Welch Says She’s Ready To Cooperate and Uncover Truth After HAWK Investors File Lawsuit Against Project

Published

9 months ago

December 22, 2024

A 22-year-old social media influencer accused of perpetrating a crypto carpet fraud says she is keen to cooperate and discover out the reality after a category motion lawsuit was filed in opposition to her.

In a brand new thread on the social media platform say she is absolutely dedicated to fixing the issue.

“I take this example very severely and need to tackle my followers, the affected buyers and the broader neighborhood. I’m absolutely cooperating with and dedicated to helping the authorized workforce representing the people concerned, and to assist expose the reality, maintain the accountable events accountable and resolve this matter.”

Welch just lately launched HAWK, a Solana (SOL)-based memecoin that misplaced 95% of its worth only a few hours after launch, resulting in accusations that she was participating in a carpet rip-off.

A rug pull rip-off happens when the creators of a brand new token intentionally elevate its worth after which dump the massive quantities they maintain, inflicting the asset to plummet and buyers to be left holding the bag.

Earlier this week, New York-based Burwick Regulation said it filed a federal lawsuit in opposition to Welch on behalf of HAWK buyers.

“This case entails claims concerning investor safety below federal legislation and the HAWK TUAH memecoin HAWK that launched on December 4, 2024.”

HAWK is buying and selling at $0.00003409 on the time of writing, down 2.1% on the day. At its peak, it was valued at $0.00008917.

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