Hawk Tuah girl faces ‘pump and dump’ allegations as crypto coin collapses

Category: Cryptocurrency

Haliey Welch, known as the 'Hawk Tuah Girl', faces backlash after her memecoin $HAWK crashed over 90% shortly after launch, leading to accusations of scamming investors. Despite her claims that the coin was not a cash grab, the rapid decline in value has raised concerns about insider trading and a potential 'pump and dump' scheme. Welch denies these allegations, stating her team has not sold any tokens.

Keywords: Haliey Welch, memecoin, cryptocurrency scandal

Source: The Independent

Update At: 12/6/2024

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