{
}
Bubblemaps is set to launch its Solana Bubblemaps Token (BMT) and the Intel Desk investigation platform by the end of the month. The BMT token will enable users to vote on investigation requests, with rewards distributed through an Ecosystem Fund, while ensuring credible research led by Bubblemaps' core team. More details on tokenomics will be revealed soon.
Haliey Welch, a 22-year-old social media influencer, has expressed her willingness to cooperate following a class action lawsuit filed by HAWK investors, accusing her of a rug pull scam after her memecoin lost 95% of its value shortly after launch. She stated her commitment to assist the legal team and uncover the truth, addressing the concerns of affected investors and the broader community. The lawsuit, filed by Burwick Law, involves claims related to investor protections under federal law concerning the HAWK memecoin launched on December 4, 2024.
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.
Haliey Welch, known as the Hawk Tuah girl, has emerged after a 372-hour silence to announce her cooperation with a law firm suing the creators of the failed HAWK meme coin, which collapsed shortly after launch. Despite her involvement as a face of the project, her spokesperson claims she had no control over it and received only a fixed sponsorship fee. The lawsuit, filed by 12 plaintiffs alleging over $151,000 in damages, does not list Welch as a defendant, a strategic decision by the law firm to expedite potential recovery for investors.
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.
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.
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.
[Bloomberg]
Social media celebrities, including Haliey Welch, known as the "Hawk Tuah" girl, are facing backlash for allegedly exploiting the crypto boom following Donald Trump's election victory. Welch's newly launched cryptocurrency has significantly lost value shortly after its introduction, raising concerns about the integrity of such ventures. Critics are increasingly vocal about the potential scams targeting fans in the crypto space.
Haliey Welch
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bubblemaps to launch solana token and investigation platform by month end
18:48 14.01.2025
Haliey Welch pledges cooperation amid lawsuit over alleged crypto scam
20:45 22.12.2024
hawk tuah girl meme coin faces legal battle after dramatic market plunge
08:00 21.12.2024
Hawk Tuah girl collaborates with lawyers after meme coin collapse
22:20 20.12.2024
Haliey Welch faces backlash over failed Hawk Tuah meme coin launch
20:22 20.12.2024
investors file federal lawsuit over haliey welch's hawk memecoin collapse
18:55 20.12.2024
investors sue creators of hawk tuah memecoin over alleged securities violations
22:57 19.12.2024
memecoins surge amid crypto bull market and political shifts in the us
Guess?, Inc.
The Office Depot Corp.
Haliey Welch
Toe Bautista
Rob Wile
Omid Malekan
Gracy Chen
Show more
13:00 15.12.2024
social media stars face backlash over cryptocurrency scams and losses
09:38 10.12.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Banking Regulations
Global Financial Events
Financial Scams and Security
Finance Mergers & Acquisitions
Market Analysis and Predictions
Hedge Funds & Private Equity
Startups & Entrepreneurship
Supply Chain Management
Retail and Consumer Goods
Workplace Trends
Global Trade Developments
CEO Changes
AI Innovations
Government Economic Policies
Government Policies
Cryptocurrency Trends
Funding Rounds & Investments
Countries:
Companies:
JPMorgan Chase & Co.
Barclays PLC
Bank of America Corporation
Tesla, Inc.
NVIDIA Corporation
The Goldman Sachs Group, Inc.
Citigroup Inc.
Geode Capital Management LLC
Google Inc.
Apple Inc.
Microsoft Corporation
Credit Suisse Real Estate Fund Siat
Charles Schwab Investment Management Inc.
State Street Corporation
Wells Fargo & Company
Broadcom Inc.
UBS Group AG
Lloyds Banking Group plc
Procter & Gamble Co
Deutsche Bank Aktiengesellschaft
Currencies:
United States Dollar
Swiss Franc
Indian Rupee
Euro
British Pound Sterling
United Arab Emirates Dirham
Chinese Yuan
Saudi Riyal
Qatari Riyal
Japanese Yen
Singapore Dollar
Kuwaiti Dinar
Offshore Chinese Yuan
Azerbaijani Manat
New Taiwan Dollar
South Korean Won
People: