Se alega que esta organización con sede en las Islas Caimán, que recaudó fondos a través de la venta de tokens, junto con el creador OverHere Ltd., el ejecutivo Clinton So y el promotor Alex Larson Schultz, promovió y vendió ilegalmente criptomonedas que supuestamente carecían del registro adecuado.
Haliey Welch, quien saltó a la fama este año como la chica "Hawk Tuah" después de una entrevista viral sobre técnicas sexuales, se encontró en el centro de un desastroso lanzamiento de una moneda meme Solana a principios de este mes.
Burwick Law presentó una demanda federal en nombre de los inversores en la memecoin HAWK TUAH, $HAWK .
- Ley Burwick (@BurwickLaw) 19 de diciembre de 2024
Obtenga más información a continuación. pic.twitter.com/ChKYhjBGf1
The price plummeted 93% from a peak market cap of $490 million, with allegations of a rug pull emerging immediately. In addition to the issue, a network of interconnected wallets controlling 96% of the supply sparked additional controversy, intensifying backlash as it was revealed that some of these wallets were offloading their holdings.
Hawk currently boasts a market capitalization of just $7.7 million, reflecting a decline of 23.5% for the day. A community note on an X post by OverHere, which garnered over 3.5 million views, indicated that Welch might need to “talk tuah judge” following the controversy.
On the day of the token’s launch, Haliey Welch, Doc Hollywood, and a spokesperson from OverHere addressed a crowd of angry investors and spectators regarding the launch. At the X Spaces event, the trio made an effort to justify the launch; however, as the clamor escalated, Welch opted to call it a night.
Since that time, she has remained silent on social media.
Plaintiffs accuse those behind the whirlwind crypto sale of exploiting Welch’s celebrity position to generate a “frenzy.” They assert they took advantage of first-time crypto investors who suffered significant losses as the token’s value collapsed.
However, the plaintiffs make it clear that they are not accusing the crypto creators of fraud or irresponsible behavior. Rather, they are suing over the defendants’ claimed incompetence in connection to the Securities Act.
The plaintiffs are seeking damages of more than $150,000, but they are also open to any other amount the court may deem appropriate. Despite the outcry, Welch took to an X post and stated that her “team hasn’t sold one token.”
She added, “We tried to stop snipers as best we could through high fee’s in the start of launch on.”
What happens next? The defendants will be given the opportunity to respond to the complaint and are likely to seek summary judgment in their favor. If the judge does not award summary judgment, the pretrial proceedings will begin. Plaintiffs are seeking a jury trial, and if granted, the jury will determine damages if the claim is successful.
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