$HAWK (Hawk Tuah memecoin)
A Solana memecoin tied to viral personality Haliey Welch, launched Dec 4, 2024. Its market cap reached ~$490M before falling 95%+ within hours, prompting rug-pull/pump-and-dump allegations and a securities lawsuit against the operators (not Welch).
Also known as: HAWK, Hawk Tuah, Haliey Welch, overHere
Summary
$HAWK was a Solana memecoin associated with viral personality Haliey Welch (the "Hawk Tuah girl"), launched on December 4, 2024. Its market capitalization reached roughly $490 million before dropping more than 95% within hours, prompting "rug pull" and "pump-and-dump" allegations. [1][2]
Allegations and litigation
Investors alleged insider sniping and that a large share of supply went to insider wallets without lockups. A federal securities lawsuit was filed against the operators — Alex Larson Schultz, overHere Limited, Clinton So, and the Tuah the Moon Foundation — for offering and selling an unregistered security; the operators said no team tokens were sold and that they tried to deter snipers. [1][2]
Status
Welch was not named as a defendant. She later said the FBI and SEC reviewed the matter and cleared her of wrongdoing. [3]
Bracketed numbers refer to the numbered sources listed below.
Linked scams & cases
People & entities involved
Sources (3)
See also
- Bitcoin Latinum (LTNM)TokensA ~$16M token offering (SAFTs for 'Bitcoin Latinum' / LTNM) that the SEC charged in 2026 as fraud: founder Donald Basile falsely called LTNM 'the world's first insured digital asset' backed by an 'existing trust,' neither of which existed, and diverted investor funds for personal use (including a $160,000 horse).
- Loci (LOCIcoin)TokensA 2017–2018 ICO for 'LOCIcoin' tied to the InnVenn IP-search platform. The SEC charged Loci and CEO John Wise with fraud for raising $7.6M on false claims about revenue, headcount, and user base; Wise also misused investor funds. Settled with a $7.6M penalty and an officer/director bar.
- Blockchain Terminal (BCT)Tokens
This page was last updated on Jun 8, 2026. View revision history.