Haliey Welch Pledges Legal Assistance to Hawk Tuah Memecoin Investors After Debacle

Days after the Hawk Tuah memecoin debacle, which affected thousands of early investors and left the reputation of its progenitor in tatters

Influencer Haliey Welch is finally offering legal assistance to those affected by the disastrous launch of the Hawk Tuah memecoin.

This comes after Welch, who rose to fame on TikTok for her catchphrase "you gotta give him that hawk tuah," faced immense backlash for her involvement in the memecoin's launch. The coin debuted on December 4th with a peak market capitalization of $490 million, but its price plummeted by 91% within three hours in a coordinated dump by insiders.

Welch's dismissive attitude towards the investors who lost significant amounts of money in the crash further fueled the anger within the crypto community.

In one instance, she abruptly ended her X live space session as a purported victim voiced their concerns, stating that she was going to bed.

However, it now appears that Welch is taking some concrete steps to make amends for her actions. In a recent tweet, she wrote:

"I take this situation extremely seriously and want to address my fans, the investors who have been affected, and the broader community. 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."

As the legal battle over the Hawk Tuah memecoin launch unfolds, it remains to be seen how Welch's involvement and actions will impact the proceedings.