Haliey Welch, known for her viral TikTok moment as 'Hawk Tuah', sparked controversy when she launched a meme cryptocurrency, $HAWK, which initially soared before crashing, resembling a classic pump-and-dump scenario. Following swift investigations by the FBI and SEC, Welch claimed ignorance about the crypto workings at the launch, despite her strong association with it. The fallout prompted her to seek reputation recovery, although she wasn't directly named in investors' lawsuits. Her podcast discussions shed light on the incident's ramifications and cautionary tales regarding volatile meme coin investments.
"I couldn't tell you how crypto worked the day that coin launched. I had no idea. I don't know. So that screwed me."
"They went through my phone, so they cleared me. I was good to go."
"I take this situation extremely seriously and want to address it in the best way I can."
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