Esta organização sediada nas Ilhas Cayman, que levantou fundos por meio de vendas de tokens, juntamente com o criador OverHere Ltd., o executivo Clinton So e o promotor Alex Larson Schultz, é acusada de ter promovido e vendido ilegalmente criptografia que supostamente não tinha registro adequado.
Haliey Welch, que alcançou a fama este ano como a garota “Hawk Tuah” após uma entrevista viral discutindo técnicas sexuais, se viu no centro de um desastroso lançamento de moeda meme Solana no início deste mês.
Burwick Law entrou com uma ação federal em nome dos investidores no memecoin HAWK TUAH, $HAWK .
— Lei Burwick (@BurwickLaw) 19 de dezembro de 2024
Saiba mais abaixo. 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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