Hawk Tuah Influencer Involved in Lawsuit Over Promotion of New Solana Meme Coin

Legal Scrutiny for Haliey Welch: Haliey Welch, known as the Hawk Tuah girl, is now a defendant in a federal class action lawsuit related to a failed Solana meme coin, accused of promoting a token that collapsed shortly after launch, benefiting insiders significantly.

Financial Gains and Marketing Role: The lawsuit claims Welch earned up to $325,000 for her promotional efforts, which were part of a marketing strategy managed by Memetic Labs, leveraging her online presence to attract buyers to the Hawk Tuah token.

Token Collapse and Insider Activity: The Hawk Tuah token experienced a rapid rise to a $490 million market cap before plummeting over 90%, with insiders allegedly selling large amounts for over $1.2 million during the crash, raising concerns about a pattern of fraudulent activity.

Ongoing Investigations and Legal Actions: Burwick Law is expanding the case to include new fraud allegations and is seeking to identify additional defendants linked to the token's launch, while investigations into related wallet activities continue.