Cryptocurrency
Haliey Welch, known as “Hawk Tuah Girl” after last summer’s viral video, is sharing new details about the aftermath of her recent cryptocurrency scandal, as seen in footage exclusive to The Hollywood Reporter https://robertlangfordhall.com/gambling-documentaries/.
Haliey Welch, better known as “Hawk Tuah Girl,” is now distancing herself from last December’s failed HAWK memecoin — despite previously calling it a fully compliant, fan-focused token she was proud to launch.
YouTuber and crypto journalist Stephen Findeisen, who has amassed millions of followers on social media under the name Coffeezilla, confronted Welch in a live X Space audio conversation Wednesday, titled “The Hawk Truth.” In clips of the conversation, which circulated on X, Welch’s team denied Findeisen’s accusations of “rug pulling,” a term used in the crypto world for projects in which a coin’s creators seek to build hype and drive up a coin’s price only for them to sell their holdings at a profit, which then leaves other investors with devalued tokens after prices drop dramatically.
Hawk tuah girl cryptocurrency lawsuit
On Thursday, investors in the coin hit $HAWK’s creators with a lawsuit in New York federal court, seeking over $150,000 in damages and alleging they’d lost thousands on the coin, which they claimed was an illegal unregistered security.
On Thursday, investors in the coin hit $HAWK’s creators with a lawsuit in New York federal court, seeking over $150,000 in damages and alleging they’d lost thousands on the coin, which they claimed was an illegal unregistered security.
“I am fully cooperating with and am committed to assisting the legal team representing the individuals impacted, as well as to help uncover the truth, hold the responsible parties accountable, and resolve this matter,” she added, directing followers to a law firm currently suing over the coin.
Social media star and podcaster Haliey Welch, who rose to viral fame in June for her raunchy “Hawk Tuah” catchphrase, has spoken out for the first time in weeks, after the multimillion-dollar collapse of a Hawk Tuah-themed cryptocurrency memecoin.
According to the suit, overHere constructed the foundation to sell a 17 percent allocation of the $HAWK tokens. The suit also alleges the foundation controlled a wallet collecting fees on token transactions, raking in roughly $3 million.
Welch and the team at overHere Ltd, which was responsible for creating the $HAWK coin, hopped on a Twitter Spaces stream on the night of the launch to try to explain what happened. It went…poorly. Crypto scam reporter and YouTuber Coffeezilla got on the mic and called out the creators for allegedly selling a sizable chunk of the tokens to insiders before launch while only releasing 3% to the public for trading as well as paying themselves high transaction fees. The result looked a lot like a rug pull that saw a bunch of Hawk Tuah fans left holding the bag.
Cryptocurrency news
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Pi network cryptocurrency
Pi Network, a cryptocurrency project you could join with just your phone since its Pi Day (March 14) debut in 2019, turned a new page on February 20, 2025, by finally launching its Open Mainnet. Two Stanford PhDs, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, are behind this push to get cryptocurrency into the hands of ordinary folks, sidestepping the usual headaches of pricey gear and massive power bills that come with mining.
Dr. Chengdiao Fan holds a Stanford PhD in Anthropological Sciences, harnessing social computing to unlock human potential on a global scale. Chengdiao is building Pi Network to mobilize individuals all over the world to participate and be rewarded for their contributions, and establish an inclusive ecosystem for global citizens to unleash and capture their own agency, and in turn create utilities and productions for society and the world.
Unlike traditional cryptocurrencies, such as Bitcoin (BTC), which require powerful computers and a lot of energy to mine coins, Pi can be mined effortlessly with just a tap. Members can earn new Pi coins by simply tapping a “Lightning” button in the Pi Network mobile app once every 24 hours without keeping the app open.
Those who back Pi point to its huge, active community, the founders’ backgrounds, its goal of being inclusive, and its careful, step-by-step approach to building an ecosystem focused on real uses. They see the Open Mainnet launch as a major move that could clear up many of these old worries.
The Maximum Supply of Pi is 100 billion tokens. The Maximum Supply is comprised of the following: 65 Billion tokens (or 65%) are allocated for all community mining rewards; 10 billion (10%) are allocated for foundation reserves; 5 billion (5%) are allocated for liquidity purposes; and 20 billion (20%) are allocated for the Core Team. Each allocation mentioned above tracks the community Migrated Mining Rewards issuance pace, so the proportions of each allocation in the total supply remains the same at any given time.
