CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data

  • CONTACT
  • MARKETCAP
  • BLOG
CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data
  • BOOKMARKS
  • Blockchain
  • Crypto
    • Bitcoin
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Coinbase
    • Mining
    • NFT
    • Stocks
Reading: Hawk Tuah Girl Wakes Up, Plays Ball With Lawyers Suing Meme Coin Makers
Share
You have not selected any currencies to display
CoinRSS: Bitcoin, Ethereum, Crypto News and Price DataCoinRSS: Bitcoin, Ethereum, Crypto News and Price Data
0
Font ResizerAa
  • Blockchain
  • Crypto
  • Market
  • News
Search
  • Blockchain
  • Crypto
    • Bitcoin
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Coinbase
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > Hawk Tuah Girl Wakes Up, Plays Ball With Lawyers Suing Meme Coin Makers
News

Hawk Tuah Girl Wakes Up, Plays Ball With Lawyers Suing Meme Coin Makers

CoinRSS
Last updated: December 22, 2024 11:32 pm
CoinRSS Published December 22, 2024
Share

After 372 hours, Haliey Welch, better known as the Hawk Tuah girl, has finally woken from her slumber to announce she’s made some new friends—namely, the same law firm that’s suing her business partners over her failed meme coin project.

Sixteen days ago, Welch’s would-be meme coin debut, a Solana token called HAWK, imploded at launch, enriching an apparently interconnected web of early investors and leaving most retail traders in the lurch. That evening, Welch told an irate audience on an X Spaces that she was going to bed and would see everyone in the morning—before going radio silent for weeks on end.

On Friday, Welch broke that silence by announcing she is cooperating with the law firm that sued the HAWK token’s creators Thursday for allegedly violating American securities laws.

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…

— Haliey Welch (@HalieyWelchX) December 20, 2024

“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 said on X (formerly known as Twitter). 

A spokesperson for Welch told Decrypt that the influencer was “totally siloed” from the HAWK project and “had zero control over it.”

The spokesperson also asserted that Welch only received a fixed sponsorship fee for lending her likeness to the meme coin project, adding “there was no guarantee she would make any additional money from the meme coin thereafter.”

That story runs somewhat counter to one put forward earlier this week by the team taking responsibility for building most of HAWK. The crypto token launch platform OverHere said on Tuesday that it only took leadership over the doomed token because one of Welch’s associates, a mysterious figure known as “Doc Hollywood,” “vanished when things got hard.”

The OverHere team claimed it took zero fees from HAWK and made zero profit on the project, and pointed the finger at Welch and Doc Hollywood for an alleged lack of transparency.

The lawsuit filed Thursday against the project—by 12 American plaintiffs claiming to have suffered damages in excess of $151,000 from the project—listed OverHere as one of multiple defendants. It did not list Welch. 

Alexandra Roberts, a law professor at Northeastern University, told Decrypt that she has never before seen a situation like this—in which a celebrity such as Welch has actively aided a lawsuit aimed at a project the celebrity lent their likeness to.

“I think it’s a great PR move,” Roberts said. “I think she’s trying to get out in front of it and make a really clear statement: ‘Not only did I not know what was going on, but I want to advocate on behalf of the people who were swindled.’”

Burwick Law, the firm suing HAWK’s creators, told Decrypt that it does not represent Welch, but is in conversations with her counsel.

When asked why Welch was not listed as a co-defendant in the HAWK lawsuit, Max Burwick, managing partner at Burwick Law, said the decision was intentional, and hinted it might help make his clients whole sooner. 

“In this matter, we have chosen the strategy we believe to be most effective in helping our clients achieve meaningful results,” Burwick told Decrypt.

Edited by Andrew Hayward

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

You Might Also Like

Microcap Firm Plans $300M Bitcoin, Trump Coin Buy Despite Nasdaq Compliance Warning

Sen. Cynthia Lummis Accuses FDIC of Crypto Oversight Misconduct, Demands Accountability

Pi Network: Here’s why the $1 support is unlikely to hold

Will Michael Saylor’s ’21 rules of Bitcoin’ reignite investors’ confidence?

ChatGPT Gets Total Recall: OpenAI’s Memory Upgrade Remembers Your Whole Chat History

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Email Copy Link Print
Previous Article dogwifhat: How WIF risks deeper correction amidst bullish pattern
Next Article Ethereum whales purchase $1B worth of ETH: Market recovery ahead?
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Follow US

Find US on Socials
FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
Bitcoin ETFs end six-week inflow streak with $157M outflows after new tariff fears
BTC Price will Hit $100K before Bitcoin Sweeps $30K Lows
Crypto Bahamas: Regulations Enter Critical Stage as Gov’t Shows Interest

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data coin-rss-logo

We influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad imageAd image
© CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?