Hawk Tuah star Haliey Welch determined to clear her name in crypto scandal and revive her career
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Embattled Hawk Tuah star Haliey Welch is looking forward to clearing her name and resuming her career amid the fallout from her cryptocurrency scandal and lawsuit. The group behind the social media star's memecoin - which dramatically crashed just hours after its launch - is being sued after failing to register the cryptocurrency, according to court records.
![[The group behind the social media star's memecoin are being sued after failing to register the cryptocurrency and Welch has received extreme backlash from fans online over the issue]](https://i.dailymail.co.uk/1s/2024/12/20/21/93364253-14211651-The_group_behind_the_social_media_star_s_memecoin_are_being_sued-a-51_1734729649622.jpg)
Although Welch herself isn't named in the lawsuit, the backlash she received following the crypto crash caused her to exit the public eye for more than two weeks. 'Haliey understands how her unexpected start in the industry comes across, but since achieving virality, she's proven she has the star power to lead a successful career,' a source told DailyMail.com.
![['Since achieving virality, she's proven she has the star power to lead a successful career,' a source told DailyMail.com]](https://i.dailymail.co.uk/1s/2024/12/20/21/93366545-14211651-_Since_achieving_virality_she_s_proven_she_has_the_star_power_to-a-52_1734729649622.jpg)
'She plans to keep pushing forward after clearing up the narrative around her involvement in this project,' they continued. The influencer is working alongside Burwick Law, which specializes in crypto litigation, 'to help uncover the truth, hold the responsible parties accountable, and resolve this matter'.
![['She plans to keep pushing forward after clearing up the narrative around her involvement in this project,' they continued]](https://i.dailymail.co.uk/1s/2024/12/20/21/93366537-14211651-_She_plans_to_keep_pushing_forward_after_clearing_up_the_narrati-a-50_1734729649459.jpg)
The source also insists that Welch 'did not spearhead or create' the crypto project, and was nothing more than a paid spokesperson who received a sponsorship fee to lend her persona to the team that created and launched the $HAWK memecoin. 'Outside of the initial fixed fee received before the launch, there was no guarantee she would make any additional money from the memecoin thereafter,' the source said.
![[The coin, referred to as a '$HAWK token,' quickly rose to a whopping $490 million market cap, before ultimately tanking more than 90 percent within hours of its December 4 launch.]](https://i.dailymail.co.uk/1s/2024/12/20/21/93340325-14211651-The_coin_referred_to_as_a_HAWK_token_quickly_rose_to_a_whopping_-a-53_1734729649697.jpg)
