Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Hawk Tuah girl reveals if she’s facing charges after fans ‘lost life savings’ by buying her cryptocurrency – Celebrity
    Cryptocurrency

    Hawk Tuah girl reveals if she’s facing charges after fans ‘lost life savings’ by buying her cryptocurrency – Celebrity

    March 28, 20253 Mins Read


    Hawk Tuah girl Haliey Welch shot to celebrity status in the most bizarre way and quickly hit controversy after fans alleged they lost their life savings after she announced a meme coin.

    Haliey was one of the hottest topics in 2024, believe it or not, after going viral for a NSFW answer for an interview in the street.

    The 22-year-old capitalized on this and built an online empire, taking advantage of her popularity to increase her followers across multiple social media pages.

    This eventually turned into a podcast produced by Jake Paul’s Betr media company, and even a clothing brand.

    Welch then launched her $Hawk memecoin after admitting that many people had already created fake coins, also hoping to take advantage of her fame.

    The cryptocurrency, which was reportedly never registered with The U.S. Securities and Exchange Commission (SEC), hit a $490m market cap shortly after launch, as per Crypto Times.

    Haliey Welch evetually vetured in cryptocurrencies after she shot to fame(Instagram/Hay_Welch)

    Haliey Welch evetually vetured in cryptocurrencies after she shot to fame(Instagram/Hay_Welch)

    But it took a nosedive within hours, with Bloomberg Law reporting the digital coin actually lost more than 90 percent of its value.

    Fans took issue with this and complained to the star on her pages, with some remarking they had lost their life savings or a whole lot of money in general. Some of these fans who felt mislead or betrayed by Welch took to taking legal action against the creators behind the coin.

    As well as this, the U.S. Securities and Exchange Commission launched an investigation after Haliey’s meme coin, ‘$HAWK token’, crashed in value after a rapid rise.

    Welch’s lawyers have now confirmed that the star will not be facing any charges as a result of the investigation.

    James Sallah, Welch’s attorney, said in a statement “The SEC closed the investigation without making any findings against, or seeking any monetary sanctions from, Haliey.

    “Because they did not bring any action against her, there are no restrictions on what she can do in regards to crypto or securities in the future.”

    Welch recently released a video referencing her absense from social media(Instagram/Hay_Welch)

    Welch recently released a video referencing her absense from social media(Instagram/Hay_Welch)

    Sources that spoke to publication TMZ claimed that Welch is happy to have this behind her and may even have a documentary in the works.

    The source also alleged that Welch would not again be venturing into the cryptocurrency or meme coin business.

    Earlier this week (March 25) Welch released a video which alluded to her absence from social media following the debacle involving her memecoin.

    Many of her fans rejoiced at her return and even called it ‘the return of the Queen’.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    France arrests five over cryptocurrency kidnapping

    Cryptocurrency

    SEC-Davao monitoring 4 entities allegedly involved in cryptocurrency scams

    Cryptocurrency

    Russia Developing Cross-Border Digital Payment with BRICS

    Cryptocurrency

    Regal Investments Commits $30 Million to Cryptocurrency Prop Trading Initiative

    Cryptocurrency

    Banks must build trust to thrive in digital age 

    Cryptocurrency

    Digital Pound? Bailey’s Right to Be Wary

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks

    Ricardo à la tête du Citizen Energy Advisory Hub de la Commission européenne

    Property

    GDI Property Group annonce que la vente de sa propriété en Australie-Occidentale est désormais inconditionnelle

    Critical minerals supply chains: What is the outlook for these raw commodities?

    Editors Picks

    Après Assala Energy, le Gabon s’offre les actifs de Tullow pour 300 millions $

    March 24, 2025

    Trump’s Fossil Fuel Expansion Could Derail Clean Energy Momentum

    January 21, 2025

    AGF Investments Launches AGF Enhanced U.S. Income Plus Fund

    February 28, 2025

    What does today’s budget speech mean for mortgage & property markets? Experts react to main take-aways

    October 30, 2024
    What's Hot

    Le Cubeler Business Hub de Tenet ajoute NewCo Capital Group à sa liste croissante de partenaires financiers internationaux

    April 25, 2025

    Bitcoin Crashed Alongside Stocks, Is It No More The Outlier? – Analyst Calls Comparison With Traditional Safe Haven Gold ‘Ludicrous’ – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

    August 7, 2024

    Frédéric Duvernet ouvre son entreprise de pliage et découpe du métal

    April 24, 2025
    Our Picks

    Fangzhou Inc. Garners Industry Recognition as an Innovator in AI Technology

    October 31, 2024

    What Is Bonk Coin and Is It a Real Cryptocurrency Worth Investing Your Money In?

    July 19, 2024

    Le Nasdaq dépose une demande pour les ETF Hedera de Grayscale

    March 4, 2025
    Weekly Top

    La première place pour les électriques à l’EcoGreen Energy 2025

    June 21, 2025

    Gold Cup | Le onze probable du Canada

    June 21, 2025

    Here Are My Top 3 High-Yield Energy Dividend Stocks to Buy Now

    June 21, 2025
    Editor's Pick

    Fag-end selling drags Nifty 50 lower for 6th day even as Sensex ends higher on gains in financials

    February 25, 2025

    Metal Allegiance (Testament, Dream Theater, ex-Megadeth) announces Anaheim show with all-star guests

    October 15, 2024

    How Safe Is Monero? And that’s Just Skimming the Surface of What Cryptocurrency can do in Terms of Privacy.

    March 10, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.