Overview

• Haliey Welch addressed the December 2024 $HAWK memecoin collapse on her podcast, revealing details about FBI and SEC investigations into the incident.
• The $HAWK coin peaked at a $500 million valuation before becoming worthless within 24 hours, leading to investor lawsuits against its creators, though Welch was not named.
• Welch cooperated with federal authorities, providing her phone for review, and was ultimately cleared of any wrongdoing or financial misconduct.
• She admitted to having limited knowledge of cryptocurrency at the time of the coin's launch, attributing the failure to misplaced trust in others.
• Welch used her marketing fee from the coin to cover legal and PR costs and is working to restore her reputation through her podcast and an upcoming documentary.