HAWK
Summary
HAWK is a Solana-based memecoin launched on December 4, 2024, in partnership between internet personality Haliey Welch (the 'Hawk Tuah girl') and Web3 launchpad OverHere Limited. Within 15 minutes of launch the token reached a $491 million market capitalization before collapsing over 93% in value the same day, with on-chain data showing approximately 97% of supply was concentrated in insider wallets and only 3% available to the public. A federal class-action lawsuit naming Alex Larson Schultz, OverHere Limited, Clinton So, and Tuah The Moon Foundation for alleged unregistered securities violations remains active as of 2025; Haliey Welch was separately investigated by the FBI and SEC but claims to have been cleared.
Timeline(10 events)
2024-11-03
Early pitch deck for $HAWK token circulated, specifying 20% early investor allocation with one-month lockup periods.
Fortune2024-11-26
Haliey Welch officially announced the launch of $HAWK token; allowlist sign-ups opened at overhere.gg.
Multiple crypto news outlets2024-12-04
$HAWK token launched on Solana at 22:00 UTC (5:00 PM EST) via OverHere launchpad. Market cap surged to $491 million within 15 minutes before collapsing over 93% the same day.
CoinDesk, TRM Labs, Halborn2024-12-05
Haliey Welch went offline and became unreachable following the token collapse. Multiple investors filed SEC complaints. On-chain data showing 97% insider concentration published by Bubblemaps.
CoinDesk, Decrypt2024-12-10
Fortune published investigation concluding the launch bore characteristics of a 'one-day pump and dump.' Bubblemaps identified project-linked wallets funding insider sellers.
Fortune2024-12-19
Class-action lawsuit filed in EDNY (Case No. 1:24-cv-8650) against Alex Larson Schultz, OverHere Limited, Clinton So, and Tuah The Moon Foundation for alleged unregistered securities violations.
Wolf Popper LLP2025-03-31
SEC alleged to have ended its inquiry into Haliey Welch without bringing charges, per Welch's own account.
CoinDesk, The Block2025-04-23
Federal court appointed Lead Plaintiff and Co-Lead Counsel (Wolf Popper LLP and Burwick Law) in the $HAWK securities class-action, advancing the case.
Wolf Popper LLP2025-05-21
Haliey Welch disclosed on her Talk Tuah podcast that she had been investigated by the FBI (agents visited her grandmother's home) and SEC, but claimed both agencies cleared her of wrongdoing.
CoinDesk, The Block, Hollywood ReporterDecision Log
- hash: FJ7hiXjugdR7EbxSs9wpqwDrX14ttydRMmhgRRP2G6jN
- hash: Bm282pTzrYe9BBuETjqgwSUQDKut6oFVQNwzAJvBS3be
- hash: 6x5K8UjSDurhNDLKVrsUXFQ4zLLV3KmVPZBrizyLGrux
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-code-investigator
generated: 5/8/2026, 9:01:20 PM
last updated: 5/14/2026, 6:01:50 AM
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