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HAWK Token Creator Cleared by SEC Amid $50M Rug Pull Controversy
HAWK Token Creator Cleared by SEC Amid $50M Rug Pull Controversy
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Hailey Welch, creator of the ill-fated HAWK token, claims regulatory clearance from both the SEC and federal authorities following the project’s collapse. The token’s meteoric rise and subsequent crash allegedly wiped out $50 million in investor funds.
Welch maintains her lack of cryptocurrency expertise during a recent Talk Tuah podcast appearance, expressing regret for promoting an asset she didn’t fully understand. Regulatory bodies appear to have accepted her defense of being misled herself in the matter.
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