Viral Star Hailey Welch Breaks Silence on Meme Coin Collapse That Rocked Investors

Hailey Welch, famously known as “Hawk Tuah Girl” after her viral video sensation, has finally addressed the fallout from the shocking crash of her meme coin, $HAWK.

The coin, which launched with massive hype on December 4, skyrocketed to a $490 million market cap within hours. However, the celebration was short-lived, as its value plummeted to under $100 million in mere minutes, leaving investors reeling from hundreds of thousands of dollars in losses.

While Welch herself is not named in the lawsuit against $HAWK’s creators, the investors have accused them of “unlawfully promoting and selling cryptocurrency that was allegedly never properly registered,” according to The Hollywood Reporter. Now, after weeks of silence, Welch has broken her quiet, addressing the controversy and offering her cooperation in the ongoing investigation.

In a statement shared on Twitter, Welch expressed her concern for those affected by the crash, saying, “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.”

She also encouraged anyone who suffered losses related to the coin’s collapse to reach out for legal assistance, sharing a link to Burwick Law: “If you have experienced losses related to this, please contact Burwick Law using the link below: https://burwick.law/newclient.”

The $HAWK disaster serves as yet another cautionary tale about the volatile and risky world of cryptocurrency investments, especially in the meme coin market. Welch’s involvement, while limited to her viral fame, has put her in the spotlight as investors continue their legal battle for accountability.