{
Elton John

People

}
hawk tuah girl meme coin faces legal battle after dramatic market plunge
The "Hawk Tuah Girl" meme coin, $HAWK, has plunged 91% from its peak market cap of $490 million, now valued at $41.7 million, leading to a legal battle in New York. Investors allege violations of federal securities laws, claiming the token is an unregistered security and that developers engaged in insider trading. The lawsuit highlights the risks associated with meme coins, which often rely on viral popularity and community engagement for initial success.
Bitcoinist.com
USA Haliey Welch Elton John
Regulatory & Legal, News Article
08:00 21.12.2024
Haliey Welch faces backlash over failed Hawk Tuah meme coin launch
Haliey Welch has resurfaced to address the fallout from the Hawk Tuah meme coin, which plummeted 90%, resulting in $151,000 in investor losses. A lawsuit has been filed against the creators, alleging the token was fraudulently marketed as an unregistered security. Despite the backlash and internet ridicule, Welch stated her commitment to assist the legal team representing affected investors.
Crypto Briefing
Haliey Welch Elton John
Regulatory & Legal, Social Media Post
20:22 20.12.2024
investors file federal lawsuit over haliey welch's hawk memecoin collapse
Investors of Haliey Welch’s HAWK memecoin have filed a federal lawsuit against the project's creators, alleging a pump-and-dump scheme after the token's value plummeted over 95% shortly after launch. The suit claims unlawful promotion and sale without proper registration, leading to significant investor losses. The defendants include Tuah The Moon Foundation, OverHere Ltd, and promoter Alex Larson Schultz.
dailyhodl.com
USA Haliey Welch Elton John
Regulatory & Legal, Press Release
18:55 20.12.2024
Hawk Tuah Girl faces lawsuit after memecoin crashes 95 percent
Hailey Welch, known as the "Hawk Tuah Girl," faces a lawsuit after her Hawk Tuah memecoin crashed 95%, leading to significant investor losses. The lawsuit alleges fraudulent practices, including a "rug pull," and claims that Welch's promotion misled many new investors. Accusations of insider trading have also emerged, with concerns over the project's management and tokenomics.
NewsBTC
Coffeezilla Hailey Welch Elton John Show more
Regulatory & Legal, News Article
09:30 20.12.2024
investors sue creators of hawk tuah memecoin over alleged securities violations
Investors have filed a lawsuit against the creators and partners of the Hawk Tuah (HAWK) memecoin, alleging the promotion and sale of unregistered securities. The memecoin, which surged to a market cap of $491 million shortly after its launch on December 4, saw a dramatic decline of over 90%, leading to accusations of a pump-and-dump scheme. Social media influencer Haliey Welch, linked to the project, denied insider trading allegations, while YouTuber “Coffeezilla” defended the launch against claims of a rug pull.
Cointelegraph
Haliey Welch Elton John
Regulatory & Legal, News Article
22:57 19.12.2024
investors sue creators of hawk tuah meme coin after disastrous launch
Haliey Welch, known as the "Hawk Tuah" girl, faces a federal lawsuit after her meme coin, HAWK, plummeted 93% shortly after launch, leading to allegations of rug-pulling and insider collusion. The lawsuit, filed by Burwick Law, claims investors suffered over $151,000 in damages, naming several defendants including Welch and Doc Hollywood. Amid the fallout, Welch has remained silent on social media, while her partners blame each other for the project's failures.
Decrypt
United States Dollar Carlo D'Angelo Hailey Welch Elton John Show more
Regulatory & Legal, News Article
18:32 19.12.2024
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