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Market News

Has Hawk Tuah Girl been arrested over her memecoin? Fact Check

Written By Shruti Lakhlani
Fact Checked by Vaibhav Jha
Published 2025-02-04·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Has Hawk Tuah Girl been arrested over her memecoin? Fact Check

The internet’s most viral person from 2024-the Hawk Tuah girl- has been on the wrong side of crypto community ever since her memecoin project $HAWK resulted in 90% crash, earning her the infamous tag of a rug puller. 22-year-old Haliey Welch had shot into prominence after her video imitating the sound “Hawk Tuah” had gone viral on social media.

Recently, certain tweets on X had claimed that the viral Hawk Tuah girl “had been arrested on money laundering charges” after her memecoin project tanked, allegedly due to insiders, thereby causing loss to crypto investors.

🚨BREAKING: Hawk Tuah Girl has been arrested and charged with securities fraud, wire fraud, and espionage over her cryptocurrency rug pull scheme. Prosecutors say investors lost millions. She faces serious federal charges and is currently in custody. pic.twitter.com/bj1UYIhmXi

— jdub (@jdubz069) February 3, 2025

The viral post on X stated that Hawk Tuah Girl has been arrested and charged with securities fraud, wire fraud, and espionage over her cryptocurrency rug pull scheme. As per the post, prosecutors say investors lost millions and she faces serious federal charges and is currently in custody.

However, the community note on X soon declared the arrest claims to be fake and misleading news to get more engagement on social media and promote their own memecoins.

The Crypto Times also fact-checked claims made by the X user and found them to be untrue as Haliey as been facing litigations from crypto investors but there is no news of her being arrested in U.S.

🚨UPDATE: Despite facing federal charges, Hawk Tuah Girl is attempting a comeback—this time with a new cryptocurrency called Shaquille Oatmeal. She claims the coin will “revolutionize finance.”

B1b5S8gbjTywDWNcGRxpVcXCwhEBcQ8z4RbCU7454LRz pic.twitter.com/G9fqF4LKPJ

— jdub (@jdubz069) February 3, 2025

Meanwhile, another post on X says that, despite facing federal charges, Hawk Tuah girl is attempting a comeback with a new cryptocurrency called “Shaquille Oatmeal”, and claimed that the coin will “ revolutionize finance”
However, no official statement or post was found by Hawk girl yet.

After Hawk Tuah girl had launched her memecoin on Solana, it received instant popularity and its market value reached temporary peaks of a staggering $490 Million. The market capitalization of Hawk dropped from its peak level of $490m to rest at $60m within twenty minutes, suffering a massive 90% crash.

$Hawk token investors and fans have accused Hawk Tuah girl and her team of misguiding their stakeholders through deceptive behaviours while blaming the launch for a “rug pull” operation. Hawk Tuah girl’s X post received a community note that disputes her statement indicating that team members started selling Hawk coins during launch time.

Also Read: Hawk Tuah Girl: The Internet Enchantress Who Just Scammed You

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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