'Insider Trading': 'Hawk Tuah' Crypto Coin Crashes Within Hours of Launch
Cryptocurrency,Fraud,Insider Trading,Banking and Finance
From the Right
AllSides Media Bias Rating: Right
Haliey Welch, the star of the viral “hawk tuah” video, is facing backlash from supporters after launching a “memecoin” cryptocurrency that pumped and crashed heavily within just a few hours. Welch, who debuted $HAWK on the Solana blockchain on Wednesday, is most known for appearing in a street interview TikTok where she popularized the phrase “hawk tuah” to refer to a sexual act. Ahead of its launch, Welch told Fortune that her memecoin — a term describing cryptocurrencies that are based on viral memes like her video — “is not...
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