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Cryptocurrency News Articles
Hawk Tuah Girl Breaks Silence, Vows to Cooperate with Legal Team in Cryptocurrency Controversy
Dec 20, 2024 at 11:47 pm
The viral sensation - real name Haliey Welch - has kept her silence on social media since she first addressed the scandal two weeks ago.
Haliey Welch, better known as Hawk Tuah Girl, has finally broken her silence on the controversy surrounding her cryptocurrency venture.
After keeping mum on social media since she first addressed the scandal two weeks ago, Welch has now issued a statement on X.
The post reads: "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.
"If you have experienced losses related to this, please contact Burwick Law using the link below: https://burwick.law/newclient. @BurwickLaw."
Her lawyer, Christian Barker, told the International Business Times that she was paid £98,135 ($125,000) to promote the $HAWK token and was promised a 50 percent share of the net proceeds after expenses.
A federal lawsuit has been filed in the US by Burwick Law on the behalf of 12 claimants, against the actual creators of the coin - overHere Ltd and it's founder Clinton So.
Social media influencer Alex Larson Schultz and the Tuah The Moon Foundation have also been named in the lawsuit.
It accuses them of unlawfully promoting and selling cryptocurrency, which was was allegedly never properly registered.
Welch only fronted the $HAWK token and she has not been named as a defendant in the lawsuit.
A dozen plaintiffs are seeking damages in excess of $151,000 (£120,000).
A number of people who were left out of pocket have filed complained with the US Securities and Exchange Commission (SEC).
In wake of the scandal, Welch shared a statement on X on 4 December responding to the backlash.
The post read: "Hawkanomics: Team hasn’t sold one token and not 1 KOL was given 1 free token. We tried to stop snipers as best we could through high fee’s in the start of launch on @MeteoraAG. Fee’s have now been dropped."
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