Hawk Tuah girl faces severe backlash as $HAWK coin crashes from $500M to $60M in minutes; how internet reacted - Times of India

Category: Cryptocurrency

Hailey Welch, known as the Hawk Tuah Girl, launched her meme coin $HAWK on December 4, which initially surged to a $500 million market cap but crashed shortly after, leading to accusations of fraud and insider trading. Investors allege that Welch manipulated the market and stole $2 million, while she denies these claims, stating that her team has not sold any tokens. The fallout has resulted in significant financial losses for many, with some threatening legal action against her.

Keywords: Hailey Welch, $HAWK, meme coin

Source: Times of India

Update At: 12/6/2024

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