Crypto Controversy: 'Hawk Tuah' Girl's Memecoin Faces Backlash

Haliey Welch, known as the 'Hawk Tuah Girl,' is accused of orchestrating a pump-and-dump scheme with her cryptocurrency $HAWK, which launched on Solana and initially surged by 900% before crashing by 95%. Critics allege insider trading and coordination among wallets, with one wallet reportedly earning $1.3 million in 90 minutes. Welch denies the accusations, stating no free tokens were given to promoters and efforts were made to prevent sniping. The incident highlights ongoing concerns about influencer-led crypto scams.