She added that on the day of HAWK’s launch, she “kind of knew something was up” and was pulled into a room where a team of people told her to talk on a livestream with YouTuber Stephen Findeisen, better known as Coffeezilla.“Coffeezilla got on there and they're like ‘Mute it, mute it,’” Welch said.“Nobody warned me about this guy at all, like nobody at all, they didn't tell me he was like a crypto wizard, that's exactly what he is — he ate me the fuck up.”Related: Justin Sun to attend Trump's dinner with memecoin backersWelch said she was only paid a marketing fee and “did not make a dime from the coin itself,” which she said had been totally spent on legal and public relations fees.
Welch’s lawyer James Sallah told TMZ in March that the SEC “closed the investigation without making any findings against, or seeking any monetary sanctions from, Haliey.”“I trusted the wrong people”Welch admitted knowing very little about crypto before the HAWK memecoin and said she “trusted the wrong people” for the launch.
And I knew that, but I got talked into it, and I trusted the wrong people.”A group of HAWK buyers sued the alleged creators of the token in December, claiming Alex Schultz, the token’s backing Tuah the Moon Foundation, the token launchpad overHere Limited, and its founder Clinton So promoted and sold HAWK as an unregistered security.
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Author / Journalist: Cointelegraph by Brayden Lindrea
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