Haliey Welch, better known as Hawk Tuah Girl, is quite well known for her particular speech. But there was silence for more than two weeks after the incident. The collapse of $HAWK-branded memecoin– Welch is back. Even if you're not in front of the mic. Instead, she issued a legal statement after news broke that a class action lawsuit was being filed against the team responsible for $HAWK and its unceremonious but highly predictable glitch.
“I take this situation very seriously and would like to speak with my fans and investors who have been affected. and the wider community,” Welch say– “I am fully cooperative and committed to assisting the legal team representing the affected individuals. As well as helping to reveal the truth. Hold the responsible party accountable. and solve this problem.”
Some bigWe are all trying to find the person who did this.” The feeling that came from the back of her words.
It's been a minute since Welch, who inexplicably rode TikTok's viral moment to internet stardom, talked about… Well, whatever, until December 4th, she's business as usual. This includes posting episodes of her Talk Tuah podcast and heavily promoting $HAWK coins every round on Twitter when $HAWK officially launches. The bottom seemed to fall off.
$HAWK launches on December 4th at 5:00 PM EST, according to Analysis from TRM LabsIt had an initial market cap of $490. Within a few hours, the value dropped 91%, and the market cap dropped to $41.7 million. Approximately 10 days later, the token's value went to zero.
Welch and the team at overHere Ltd, which is responsible for creating the $HAWK coin, jumped into the Twitter Spaces stream the night of the launch to try to explain what happened. It went… badly. Crypto Journalist and YouTuber scammer. Coffeezilla wears a microphone and called out the creator for allegedly selling large amounts of tokens to insiders before launching. while leaving only 3% to the public for trading and paying itself high transaction fees. The result looked like a rug pull that saw a group of Hawk Tuah fans leave their bags.
It was all quite confrontational. And it ended well when Welch decided she was cut off and needed to rest: “Anyway, I'm going to bed. See you tomorrow,” Welch said and left the space, and that was the last anyone heard from her.