Hawk

Hailey Welch, the American social media influencer popularly known as ‘Hawk Tuah Girl’ is in the middle of a big scandal. This comes only a few weeks after the memecoin she had launched, HAWK, nose-dived. It led to the loss of millions in investors’ money, causing controversy.Greatly benefiting from her popularity, Hailey released her own <a href="https://cryptotale.org/bitcoin-breaks-62k-sol-leads-gains-in-crypto-market-rally/" rel="noopener noreferrer nofollow">cryptocurrency</a> token, HAWK, to promote herself further. The memecoin was launched on the Solana blockchain, and it quickly lifted off and gained a market capitalization of $500 million. However, HAWK investors incurred heavy losses as the token&#39;s value crashed by <a href="https://cryptotale.org/hawk-memecoin-falls-91-amid-insider-trading-allegations/" rel="noopener noreferrer nofollow">91%</a> shortly after.Investors Lose Big in HAWKOn Dec 7, &#64;0xDarya&#39;s thread on X painted a picture of how the crash unfolded. As <a href="https://x.com/0xDarya_/status/1865435263822098575" rel="noopener noreferrer nofollow">stated</a> in the post, Welch sent her followers to pump a combined $50 million into HAWK. However, Welch came out to deny foul play, sharing tokenomics details and stating that her team only controlled 10% of the tokens and that vesting schedules were in place. “Even investors couldn’t dump the token this aggressively,” said &#64;0xDarya_ in her X post.<a href="https://cryptotale.org/hailey-welch-caught-in-hawk-memecoin-crash-scandal-report/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Hailey Welch Caught in HAWK Memecoin Crash Scandal: Report

CryptoTale

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