The Internet blogger Haliey Welch, known as Hawk Tuah Girl, said in her Talk Tuah video tuition that the Federal Bureau of Investigations and the US Securities and Exchange Commission (Sec) removed the Hawk Memcoid collapse from it

Haley Welch said that the story began on December 4, 2024, when she launched the Hawk Memcoin on the SOLANA blockchain. By that time, the blogger became known thanks to the virus video on Tiktok and the phrase “Hawk Tuah” ,.

The token quickly reached the peak of market capitalization of $ 490 million, but after three hours its cost fell to $ 30 million ( – 91%). The incident caused a wave of accusations of insider trade, fraud and market manipulations, which led to the beginning of the SEC and the FBI investigation.

Soon after collapse, investors filed a lawsuit against Welch and the organizations related to the HAWK project, including Tuah The Moon Foundation. The plaintiffs argued that the token was not properly registered, and its advance took place in violation of the law. Although Welch was not indicated in the lawsuit by the defendant, her role in the promotion of token raised questions among law enforcement agencies.

Haley Welch informed the subscribers that she was repeatedly called to testify in the FBI and SEC, while the US authorities studied her correspondence and the history of interaction with other participants in the launch of Hawk Memetoken. Later she was notified that the SEC investigation was Completedsince the regulator did not find the grounds for the charges of Welch, and the FBI stopped its verification, without identifying evidence of the criminal activity of the blogger.

Earlier, the investment director of Bitwise Asset Management Matt Housogan said that the mood of retail crypto traders “is now terrible” and most investors see the digital asset market as “casino for short -term profit”. In his opinion, it is difficult to imagine that you can create a new and better world using memototoxes like Fartcoin or Hawk.