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Benzinga
Benzinga
Business
Aniket Verma

'Hawk Tuah' Girl Accused Of Scamming Crypto Buyers After Newly-Launched Meme Coin Pumps And Dumps, Victims Contemplate Legal Action

Hawk Tuah Haliey Welch Bitcoin

A meme coin launched by viral influencer Haliey Welch of the "Hawk Tuah" fame became a subject of controversy on Wednesday after it pumped and dumped, eroding millions of dollars in market value in quick time.

What happened: HAWK, launched on Solana (CRYPTO: SOL)-based Meteora on Wednesday, swiftly gained a market valuation of almost $425 million before plummeting to $30 million within five hours, according to Dexscreener data.

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