Hawk Tuah Girl has broken her silence on the alleged cryptocurrency scam

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Haliey Welch, better known as Hawk Tuah Girl, is almost exclusively known for speaking out, but has been silent for more than two weeks after crash of $HAWK branded memecoin. Well, Welch is back — though not in front of a microphone. Instead, she issued a very lawyerly statement following the news that a class-action lawsuit had been filed against the team responsible for $HAWK and its unceremonious but highly predictable crash.

“I take this situation extremely seriously and want to reach out to my fans, the investors who were affected and the wider community,” Welch said. “I am fully cooperating and committed to assisting the legal team representing the affected individuals and helping to uncover the truth, hold responsible parties accountable and resolve this matter.”

Some big “We are all trying to find the person who did this” vibes coming from the last part of her statement.

It’s been a minute since Welch, who completely inexplicably took a viral moment from TikTok fame to internet stardom, talked about… well, everything. Until December 4, she was going about her usual business, which included posting episodes of her podcast Talk Tuah and heavily promoting $HAWK coin almost everywhere on Twitter. After $HAWK officially launched, the bottom seemed to fall out.

$HAWK launches December 4th at 5pm EST. According to analysis by TRM Labshad an initial market capitalization of $490. Within a few hours, the value fell by 91% and the market capitalization fell to $41.7 million. About 10 days later, the value of the token was essentially zero.

Welch and the team at overHere Ltd, which was responsible for creating the $HAWK coin, took to Twitter Spaces on the night of the launch to try to explain what happened. It went… badly. Crypto scam reporter and YouTuber Coffeezilla got on the mic and called out the creators for allegedly selling a significant portion of the tokens to insiders prior to launch, while releasing only 3% to the public for trading, as well as paying themselves high transaction fees. The result looked very much like a carpet tussle, with a group of Hawk Tua fans left holding the bag.

The whole thing was pretty confrontational and kind of ended when Welch just decided she was crazy and needed a break. “Anyway, I’m going to bed and I’ll see you tomorrow,” Welch said and left the space. And that was the last anyone had heard of her.

Fittingly, it returned just one day after the $HAWK investors filed a class action lawsuit against the overHere team that created memecoin. They claim to have lost $151,000 in total, which is a bummer, but it also means they put $151,000 into a memecoin built around the Hawk Tua girl, so, you know. No one deserves to lose their money, but have any of them considered putting it into an IRA or something? However, Welch is not currently named as a defendant in the lawsuit. In fact, she works with Burwick Law, which represents investors who have been defrauded.

Welch has maintained throughout that she wasn’t trying to rip off her fans, which at least seems plausible. Although publishing the “tokenomics” of the coinit seems unlikely that she really understood what was going on with the whole thing. But she allegedly did net $125,000 just to promote the coin, and probably wasn’t all that pedantic when considering the most likely outcome for anyone unfortunate enough to throw some cash into this tang.

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