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Haliey Welch releases first statement after going MIA following ‘Hawk Tuah’ crypto crash

20 December 2024
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Haliey Welch releases first statement after going MIA following ‘Hawk Tuah’ crypto crash
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She’s awake!

Viral web star Haliey Welch has resurfaced for the primary time in weeks, lower than 24 hours after Mashable printed a report on her disappearance following the failure of her “Hawk Tuah” branded memecoin $HAWK.

In an announcement supplied to Mashable and posted on her X account on Friday, Welch mentioned she was trying to assist her followers who skilled monetary losses as a result of failed $HAWK memecoin. Welch is urging anybody affected by the crypto crash to get in contact with the legislation agency that filed the lawsuit in opposition to $HAWK’s creators on Thursday.

The final time the general public heard from Welch was throughout an X Areas audio stream on the evening of Dec. 4, which went into the early morning the following day. Throughout the stream, Welch and the cryptocurrency group behind the memecoin undertaking tried to clarify to traders why $HAWK collapsed shortly after it launched earlier that day.

“Anywho, I am gonna go to mattress and I am going to see you guys tomorrow,” Welch mentioned, interrupting a dialog on the stream earlier than it ended. Since then, Welch has been MIA to the general public for greater than two weeks. Her widespread weekly podcast, Speak Tuah, did not launch new episodes throughout that point as properly. The newest episode of the podcast was printed on Dec. 3, simply someday earlier than the crypto launch.

Haliey Welch’s first public assertion on $HAWK’s collapse

Based mostly on Welch’s assertion, it seems the younger viral star is alleging that she didn’t have an lively position within the $HAWK memecoin undertaking, except for lending her model and star energy to the promotions for it.

“I take this case extraordinarily severely and wish to tackle my followers, the traders who’ve been affected, and the broader neighborhood,” reads Welch’s assertion. “I’m absolutely cooperating with and am dedicated to aiding the authorized staff representing the people impacted, in addition to to assist uncover the reality, maintain the accountable events accountable, and resolve this matter. When you have skilled losses associated to this, please contact Burwick Regulation utilizing the hyperlink beneath: https://www.burwick.legislation/newclient.”

Welch launched an official memecoin based mostly on her viral “Hawk Tuah” catchphrase, $HAWK, on Dec. 4. As is the case with many celeb and influencer backed cryptocurrency initiatives, $HAWK was rug pulled. This sometimes implies that just a few insiders who held nearly all of the crypto tokens, possible through a pre-sale earlier than most people had entry to the token, dumped their holdings shortly after the memecoin launched to the general public.

SEE ALSO: ‘Hawk Tuah’ woman Haliey Welch has disappeared from public view after crypto rug pull

For $HAWK, this meant that the coin’s market cap fell by tens of millions of {dollars} shortly after launching. A few of Welch’s followers and traders within the crypto token declare to have misplaced hundreds of {dollars} in simply minutes.

Welch’s assertion comes simply someday after one other assertion from a cryptocurrency firm that has ties to the failed memecoin undertaking known as OverHere. In accordance with the group, the person accountable for the failure of the launch was music producer and crypto promoter Alex Larson Schultz. Schultz, who additionally goes by the moniker Doc Hollywood, “managed all token choices, charges, treasury” in line with OverHer

Welch allegedly acquired a sponsorship charge to advertise the memecoin and model it along with her viral slogan. Sources near Welch declare she didn’t have a task within the creation or improvement of the $HAWK undertaking past that and that she was taken benefit of by the accountable events with the intention to capitalize on her viral success.

And Speak Tuah followers, concern not. It seems that Welch is planning to proceed her podcast as quickly as she clears up what her involvement in $HAWK truly was.



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Tags: crashcryptoHalieyHawkMIAReleasesstatementTuahWelch
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