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Hawk Tuah Girl's Cryptocurrency Collapses, Investors Claim Fraud

  • On december 4, 2024, hailey welch launched the $hawk meme coin, which quickly dropped in value from $500 million to $60 million within 20 minutes.
  • Investors accused welch and her team of pulling off a rug pull, where creators dump coins, leading to a price crash.
  • Several individuals filed complaints with the u.s. Securities and exchange commission, while welch's team denied any fraudulent involvement.
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  • 39% of the sources lean Left
39% Left
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