Hawk Tuah girl vanishes, no response over court case – What’s the next in-danger memecoin project?
The post Hawk Tuah girl vanishes, no response over court case – What’s the next in-danger memecoin project? appeared on BitcoinEthereumNews.com.
The Hawk Tuah girl, Haliey Welch, achieved fame from a 7 seconds street video clip. She packed her bags, quit her job, and moved to LA, California, to become a celebrity. It looks like she has had to pack her bags back as quickly as she came. Here is a quick timeline: a Hawk Tuah video, a bunch of podcasts and high-end parties, a crypto project, a court case, and a disappearing act. It looks like all fun and games until investors realize this is how every celebrity-backed memecoin or crypto project has left them high and dry. As Cryptopolitan reported yesterday, the Hawk Tuah girl and those behind the ill-fated launch have been sued. This comes after the $HAWK token lost all its value in one day. Who was caught up in the mix? The Cayman Islands-based organization, which raised funds through token sales, along with creator OverHere Ltd., executive Clinton So, and promoter Alex Larson Schultz. Plaintiffs accused the team behind the whirlwind crypto sale that exploited Welch’s celebrity position to generate a “frenzy.” They claim they took advantage of first-time crypto investors. They are also demanding damages of more than $150,000, but they are also open to any other amount the court may deem appropriate. A new era of failed celebrity crypto projects As reported by The Sun, Haliey Welch appears to have gone underground. Welch has not been seen publicly, and she has not posted on social media for weeks since the scandal. Fans claim she has gone MIA as she has also not released a new episode of her weekly podcast, Talk Tuah, for the past two weeks. Her last Instagram post promoting the show was on December 3. Welch initially told Fortune that her memecoin was “not just a cash grab” and that she…
Filed under: News - @ December 20, 2024 12:23 pm