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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Hawk Tuah Haliey Welch's Crypto Team Nets £2.59M Amid Botched Token Launch, Fans File SEC Complaints

Haliey Welch Hawk SEC Crypto Scott Armstrong Solana TikTok
Experts believe Haliey Welch was used as a marketing stunt by some of her associates. (Credit: YouTube)

The launch of the HAWK meme coin, spearheaded by social media influencer Haliey Welch, has devolved into controversy as reports reveal that her crypto team profited £2.59 million ($3.3 million) during a chaotic rollout.

The token's value crashed by 95% shortly after launch, sparking investor outrage and leading to complaints filed with the US Securities and Exchange Commission (SEC).

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