Hailey Welch Faces Backlash Over 'Hawk Tuah' Memecoin Collapse
TL;DR Summary
Hailey Welch, known for her viral "Hawk Tuah" TikTok video, launched a memecoin on the Solana blockchain, which quickly lost 95% of its value, sparking criticism and allegations of insider trading. The coin's chaotic launch led to significant losses for some traders, and legal experts have urged affected investors to explore their rights. Despite the backlash, Welch and her team deny any wrongdoing, and it's unclear if there will be legal repercussions.
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