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Internet star Haliey Welch, also known as the “Hawk Tuah Girl,” said Friday she is “fully cooperating” with attorneys who are representing people impacted by the recent crash of crypto meme coin $HAWK. Welch helped launch the cryptocurrency, named after her viral catchphrase, earlier this month. Within hours after the digital coin was made available, its price plummeted and the 22-year-old influencer faced accusations that it was a scam. In a post on X on Friday, Welch responded to the lawsuit, urging those who “experienced losses related to this” to contact the law firm Burwick PLLC. In the days leading up to the $HAWK’s launch, she promoted it in several posts on X.
Persons: Haliey Welch, , Welch, Clinton, Alex Larson Schultz, Burwick, , Wolf Popper, Haliey, Burwick Law, ” Welch, Hawk, Fortune Organizations: overHere Ltd, Moon Foundation, SEC, NBC News, United States, Court, Eastern, of, Wolf Popper LLP, Burwick Locations: of New York
Opening arguments kick off Wednesday in a trial that will see Tesla face off against shareholders who are accusing the company of misleading them over a tweet by Elon Musk that stated funding had been "secured" to take the electric car company private. Lead shareholder plaintiff Glen Littleton is seeking billions of dollars in damages over the August 2018 tweet, which prompted a brief rise in Tesla's stock price. Shares of company stock began a steady decline that continued into the following year. Musk and Tesla were separately fined $20 million and Musk was forced to step down as Tesla's chairman. He also agreed to a requirement to have lawyers review his statements about Tesla before publishing them on social media.
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