Overview
- Haliey Welch, who went viral in 2024, launched the $HAWK meme coin in December 2024, which collapsed within 24 hours, triggering FBI and SEC investigations.
- Welch has been cleared of any legal wrongdoing by the SEC and was not named in the class-action lawsuit filed against the coin’s creators, Clinton So and Alex Larson Schultz.
- Speaking on her Talk Tuah podcast, Welch revealed she did not understand cryptocurrency at the time of the coin’s launch and only received a marketing fee for her involvement.
- She recounted the FBI visiting her grandmother’s home and reviewing her phone during their investigation, which later concluded without charges against her.
- Welch is now using her podcast to address the fallout, express regret over investor losses, and rebuild her public image after receiving threats and intense scrutiny.