Hawk Tuah Girl Breaks Silence on Alleged Cryptocurrency Scam - Understanding Gap Insurance: Protect Your Financial Future

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Haliey Welch, better known as Hawk Tuah Girl, is pretty much exclusively known for talking but has been silent for more than two weeks following the collapse of the branded memecoin $HAWK. Well, Welch is back—though not in front of a mic. Instead, she’s issued a very lawyerly statement following the news that a class action lawsuit has been filed against the team responsible for $HAWK and its unceremonious but extremely predictable crash.

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“I take this situation extremely seriously and want to address my fans, the investors who have been affected, and the broader community,” Welch said. “I am fully cooperating with and am committed to assisting the legal team representing the individuals impacted, as well as to help uncover the truth, hold the responsible parties accountable, and resolve this matter.”

Some big “We’re all trying to find the guy who did this” vibes coming from the latter part of her statement.

It’s been a minute since Welch, who completely inexplicably rode a single viral moment of TikTok fame to internet stardom, has spoken about…well, anything. Up until December 4, she went about her usual business, which included posting episodes of her Talk Tuah podcast and heavily promoting $HAWK coin at just about every turn on Twitter. Once $HAWK officially launched, the bottom seemed to fall out.

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$HAWK launched on December 4 at 5 pm EST. According to analysis from TRM Labs, it had an initial market capitalization of $490. Within a matter of hours, the value plummeted by 91% and the market cap dropped to $41.7 million. About 10 days later, the value of the token was essentially zero.

Welch and the team at overHere Ltd, which was responsible for creating the $HAWK coin, hopped on a Twitter Spaces stream on the night of the launch to try to explain what happened. It went…poorly. Crypto scam reporter and YouTuber Coffeezilla got on the mic and called out the creators for allegedly selling a sizable chunk of the tokens to insiders before launch while only releasing 3% to the public for trading as well as paying themselves high transaction fees. The result looked a lot like a rug pull that saw a bunch of Hawk Tuah fans left holding the bag.

The whole thing was pretty confrontational and somehow ended when Welch just decided she was zonked and needed some rest. “Anywho, I’m gonna go to bed and I’ll see you guys tomorrow,” Welch said and left the Space. And that was the last anyone had heard from her.

Fittingly, she has returned just one day after $HAWK investors filed a class action lawsuit against the overHere team that created the memecoin. They claim to have collectively lost $151,000, which is a bummer but also means they put $151,000 into a memecoin built around Hawk Tuah girl so, you know. No one deserves to lose their money but like, did any of them think about putting it in an IRA or something? Anyway, Welch is not current named as a defendant in the suit. In fact, she’s working with Burwick Law, which is representing the investors who got scammed.

Welch has maintained the entire time that she wasn’t trying to fleece her fans, which at least seems plausible. Despite posting the “tokenomics” of the coin, it seems unlikely that she really understood what was happening with the whole thing. But she did allegedly net $125,000 just for promoting the coin and probably was not all that scrupulous when considering the most likely outcome for anyone unfortunate enough to throw some cash at that thang.

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