Haliey Welch, who is often referred to as “Hawk Tuah Girl,” is distancing herself from last December’s unsuccessful HAWK memecoin — despite previously promoting it as a fully compliant, fan-centric token she was proud to launch.
In a recent episode of her Talk Tuah podcast, Welch revealed that she was questioned by the FBI and provided her phone to the SEC, but was ultimately “cleared” of any wrongdoing.
“They went through my phone, so they cleared me. I was good to go,” she stated. “I wish we knew then what we know now.” Welch also deflected direct responsibility, portraying herself as an unwitting participant: “I don’t have anything to hide.”
However, her latest remarks — where she claimed to not understand crypto and expressed feeling “sick” about fans trusting her — starkly contrast her initial announcement in November 2024.
Back then, Welch expressed excitement about being involved in meme culture and noted that she had “learned so much” while collaborating with launch partners to bring $HAWK to life.
The token, launched on Solana, briefly reached a market cap of $491 million before plummeting below $100 million within hours. Welch’s team maintained that the project was legally compliant and supported by a Cayman foundation, indicating that her tokens would vest over three years.
Welch claims user losses are far lower
She further claimed that while initial estimates of customer losses were as high as $1.2 million, the actual loss figure is about $180,000.
Nonetheless, there are still 10,149 token holders according to Solscan, many of whom have not sold and, therefore, have not realized any losses. The $180,000 figure does not account for these holders.
Commentators on her podcast are skeptical of her narrative.
“She admits that she didn’t know anything about it but decided to endorse it anyway and promote it?” one comment noted. “You should have never attached yourself to something you didn’t understand,” another added.
HAWK prices have dropped 99% since their December peak, currently sitting at a mere $104,000 market capitalization as of Tuesday morning.
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