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{"actor":"system:backfill","investigation_id":"c19cb8ca-dd3d-45ae-b300-fa683a4915e4","kind":"publish","page_slug":"alex-larson-schultz-overhere-limited-hawk-memecoin","published_at":"2026-06-02T22:47:21.219Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Alex Larson Schultz / OverHere Limited (HAWK Memecoin)","sections":[{"content":"The $HAWK memecoin project involved several distinct legal entities and individuals. Alex Larson Schultz, a Los Angeles-based DJ and music producer who performs under the alias 'Doc Hollywood,' served as the project's token architect. According to reporting by Mashable and cited in the class action complaint, Schultz 'controlled all token decisions, fees, and treasury' for the project. He is also publicly known as the son-in-law of comedian Howie Mandel, having married Mandel's daughter Jackelyn in 2013. Schultz hosted public Twitter/X Spaces promoting $HAWK prior to its launch and locked his X account following the post-launch controversy. Clinton So is the CEO and alleged founder of OverHere Limited, described as a Hong Kong-based Web3 launchpad platform. OverHere served as the primary operational entity that marketed and launched $HAWK, positioning itself as 'the first launchpad and platform that bridges the gap between Web2 and Web3.' The Tuah The Moon Foundation, registered in the Cayman Islands, allegedly received proceeds from the token sale. The class action complaint alleges that following the token's collapse, So moved the Tuah The Moon Foundation offshore and used it to distribute a 17% token allocation in an alleged attempt to avoid U.S. securities law. Hailey Welch (known as 'Hawk Tuah Girl'), the viral internet personality whose image anchored the token, signed a 'Meme Token Creation and Monetization Agreement' with Memetic Labs approximately five months before launch, pursuant to which her company 16 Minutes LLC would receive $125,000 upfront and up to $200,000 upon meeting promotional milestones.","heading":"Key Principals and Corporate Structure","severity":"high","sources":[{"credibility":2,"name":"Who is Alex Larson Schultz? Doc Hollywood's involvement in Hawk Tuah meme coin scandal — Sportskeeda","type":"news_article","url":"https://www.sportskeeda.com/pop-culture/news-who-alex-larson-schultz-doc-hollywood-s-involvement-hawk-tuah-meme-coin-scandal-explored-amid-recent-lawsuit"},{"credibility":1,"name":"Hawk Tuah girl wanted to reward fans with a memecoin — crypto insiders turned it into a 'one-day pump and dump' — Fortune","type":"news_article","url":"https://fortune.com/crypto/2024/12/10/hawk-tuah-memecoin-launch-haliey-welch-pump-dump-rug-pull/"},{"credibility":2,"name":"Hawk Tuah Girl Added to Solana Meme Coin Lawsuit — Decrypt","type":"news_article","url":"https://decrypt.co/349110/hawk-tuah-girl-solana-meme-coin-lawsuit-after-cooperating-law-firm"},{"credibility":2,"name":"Investors File Lawsuit Over Hawk Tuah Memecoin Collapse — Brave New Coin","type":"news_article","url":"https://bravenewcoin.com/insights/investors-file-lawsuit-over-hawk-tuah-memecoin-collapse"}]},{"content":"The $HAWK token launched on the Solana blockchain on December 4, 2024, at 5:00 PM EST via the Meteora decentralized exchange. The token's market capitalization surged to approximately $490 million within fifteen minutes of launch before collapsing more than 93% within hours, falling to a market cap below $41.7 million. Tokenomics analysis revealed that only approximately 2-3% of the total supply was allocated to the general public for purchase on the open market. A 17% 'Strategic Allocation' tranche was distributed to approximately 285 early investors and key opinion leaders (KOLs), with all tokens in this tranche fully unlocked at the time of the Token Generation Event (TGE), meaning no vesting restrictions applied. On-chain analytics firm Bubblemaps analyzed the token's wallet distribution and found that approximately 96% of the supply was controlled by a tightly connected cluster of wallets at launch — a figure that directly contradicted the project's public marketing claims about broad community distribution. Among the 285 presale participants, approximately 89 wallets liquidated 100% of their holdings immediately following launch, and an additional 47 wallets sold more than half of their tokens. Collectively, presale sellers are estimated to have extracted approximately $3.3 million in profits. One wallet alleged to be sophisticated captured approximately 17.5% of the supply within seconds of the launch and netted approximately $1.3 million. The project team collected over $2 million in trading fees from the Meteora platform within the first 24 hours, with over $1 million collected within minutes. Earlier pitch deck documents dated November 3, 2024, had specified that 20% of HAWK would be reserved for early investors with a one-month lockup period; the final public tokenomics revision reduced this to 17% and eliminated any lockup. YouTube investigator Stephen Findeisen ('Coffeezilla') confronted the project team in an X Spaces session, questioned the destination of approximately $16.69 million raised in the pre-sale, and described the launch as featuring 'the worst tokenomics' he had reviewed among all projects analyzed.","heading":"Token Launch, Tokenomics, and Rapid Collapse","severity":"critical","sources":[{"credibility":2,"name":"How Hailey Welch's $HAWK Token Became a $500M Disaster — Bubblemaps Blog","type":"research","url":"https://blog.bubblemaps.io/how-hailey-welchs-hawk-token-became-a-500m-disaster/"},{"credibility":2,"name":"Explained: The Hawk Tuah 'Rug Pull' (December 2024) — Halborn","type":"research","url":"https://www.halborn.com/blog/post/explained-the-hawk-tuah-rug-pull-december-2024"},{"credibility":1,"name":"Hawk Tuah girl wanted to reward fans with a memecoin — Fortune","type":"news_article","url":"https://fortune.com/crypto/2024/12/10/hawk-tuah-memecoin-launch-haliey-welch-pump-dump-rug-pull/"},{"credibility":2,"name":"How insiders and bots crashed Hawk Tuah Girl's memecoin — DL News","type":"news_article","url":"https://www.dlnews.com/articles/markets/investors-angry-hawk-tuah-girl-haliey-welch-memecoin-crashes/"},{"credibility":2,"name":"Coffeezilla calls out 'insane headlines' about Hawk Tuah memecoin — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/coffeezilla-hailey-welch-hawk-tuah-memecoin-launch-misinformation-claims"}]},{"content":"On December 19, 2024, a class action complaint was filed in the United States District Court for the Eastern District of New York (Case No. 1:24-cv-08650) against OverHere Limited, Clinton So, Alex Larson Schultz, and the Tuah The Moon Foundation. The suit alleges violations of the federal Securities Exchange Act of 1934, principally that defendants promoted and sold $HAWK as an unregistered security to U.S. investors without ever filing registration documents with the Securities and Exchange Commission. Plaintiffs alleged that the defendants leveraged Welch's substantial social media following to market $HAWK as a 'cultural movement with significant growth potential' and that the dramatic rise and rapid collapse bore the characteristics of a coordinated pump-and-dump scheme. The original complaint named 17 plaintiffs alleging collective direct losses exceeding $151,000. Hailey Welch was not named as a defendant in the original complaint. On April 23, 2025, Magistrate Judge Cheryl L. Pollak (with Hon. Edward R. Korman presiding) appointed Alexander Escobar as Lead Plaintiff and designated Wolf Popper LLP and Burwick Law as Co-Lead Counsel. In a subsequent development, Magistrate Judge James R. Cho granted plaintiffs' motion to file an amended complaint naming Hailey Welch, her manager Johnnie Forster, and his company 16 Minutes LLC as additional defendants. The amended complaint, filed in November 2025, characterized Welch's contractual arrangement as transforming her 'from a passive celebrity into a critical component of a coordinated marketing funnel designed to draw in retail purchasers.' It also alleged that blockchain forensics linked the wallets involved in the $HAWK scheme to similar alleged pump-and-dump operations including $LIBRA and $M3M3 tokens, all executed on the Meteora platform. Meteora itself was subsequently named as a defendant in the amended complaint. Welch is named only in an unjust enrichment claim in the amended complaint and is not alleged to have violated securities laws, committed fraud, or breached contract. As of June 2026, the litigation remains active and no settlement has been announced.","heading":"Federal Class Action Lawsuit (EDNY, Case 1:24-cv-08650)","severity":"critical","sources":[{"credibility":1,"name":"Hawk Tuah Memecoin Investors File Lawsuit — classaction.org","type":"court_filing","url":"https://www.classaction.org/news/hawk-tuah-memecoin-investors-file-lawsuit-over-alleged-sale-of-unregistered-securities"},{"credibility":1,"name":"Cases and Investigations: $HAWK Memecoin — Wolf Popper LLP","type":"court_filing","url":"https://www.wolfpopper.com/cases-investigations/hawk-memecoin"},{"credibility":1,"name":"Hawk Tuah Memecoin Investors Sue Promoters Over Registration — Bloomberg Law","type":"news_article","url":"https://news.bloomberglaw.com/securities-law/hawk-tuah-memecoin-investors-sue-promoters-over-us-registration"},{"credibility":2,"name":"Hawk Tuah Girl Added to Solana Meme Coin Lawsuit — Decrypt","type":"news_article","url":"https://decrypt.co/349110/hawk-tuah-girl-solana-meme-coin-lawsuit-after-cooperating-law-firm"},{"credibility":2,"name":"'Hawk Tuah' star pulled into expanding memecoin lawsuit — Protos","type":"news_article","url":"https://protos.com/hawk-tuah-star-pulled-into-expanding-memecoin-lawsuit/"},{"credibility":1,"name":"overHere Limited: $HAWK tokens — Stanford Securities Class Action Clearinghouse","type":"court_filing","url":"https://securities.stanford.edu/filings-case.html?id=108502"},{"credibility":2,"name":"HAWK TUAH girl, Hailey Welch and Meteora dragged in as defendants — Cryptopolitan","type":"news_article","url":"https://www.cryptopolitan.com/hawk-tuah-girl-hailey-welch-meteora-lawsuit/"}]},{"content":"Following the collapse of $HAWK, both the FBI and the U.S. Securities and Exchange Commission opened inquiries. According to Welch, FBI agents visited her grandmother's home in the days following the token's collapse to question her, and she subsequently surrendered her phone to the SEC as part of their review. In March 2025, TMZ reported — citing statements from Welch's attorney James Sallah — that the SEC had closed its investigation into Welch without making any findings against her and without seeking any monetary sanctions. Sallah stated publicly that the SEC inquiry had concluded with no action against Welch. In a May 2025 episode of her Talk Tuah podcast, Welch reiterated that she had been cleared by both agencies and stated, 'They went through my phone, so they cleared me.' She described being 'talked into' the project despite lacking sufficient knowledge of cryptocurrency at the time, and maintained that she did not profit from the token itself beyond her contractual marketing fee. Welch stated she was 'done with crypto.' No public statements from the SEC or FBI have independently confirmed the formal closure or scope of these regulatory inquiries. The civil class action against Schultz, So, OverHere Limited, and the Tuah The Moon Foundation was not affected by the regulatory clearance of Welch, and Schultz and So remain defendants in the ongoing litigation.","heading":"SEC and FBI Investigation; Hailey Welch Cleared","severity":"medium","sources":[{"credibility":1,"name":"Haliey 'Hawk Tuah' Welch Says SEC Meme Coin Probe Closed, No Charges — TMZ","type":"regulatory","url":"https://www.tmz.com/2025/03/27/haliey-welch-hawk-tuah-girl-meme-coin-investigation-over-sec-no-charges/"},{"credibility":1,"name":"'Hawk Tuah Girl' Hailey Welch Claims SEC, FBI Cleared Her — CoinDesk","type":"news_article","url":"https://www.coindesk.com/business/2025/05/21/hawk-tuah-girl-hailey-welch-claims-sec-fbi-cleared-her-for-the-hawk-memecoin-disaster"},{"credibility":1,"name":"'Hawk Tuah' girl says FBI, SEC cleared her of legal wrongdoing — The Block","type":"news_article","url":"https://www.theblock.co/post/355173/hawk-tuah-girl-says-fbi-sec-cleared-her-of-legal-wrongdoing-in-memecoin-fiasco"},{"credibility":2,"name":"Hawk Tuah Girl Says SEC Dropping Probe — Decrypt","type":"news_article","url":"https://decrypt.co/312190/hawk-tuah-girl-sec-dropping-probe-into-meme-coin-tmz"}]},{"content":"The class action complaint alleges that the defendants structured key elements of the $HAWK project to circumvent U.S. securities regulations. The Tuah The Moon Foundation was incorporated in the Cayman Islands, a common offshore jurisdiction used for legal separation from U.S. regulatory frameworks. According to the complaint, Clinton So allegedly moved the Tuah The Moon Foundation offshore and used it as the vehicle to distribute the 17% Strategic Allocation tranche to approximately 285 presale participants. The complaint further alleges that despite structuring the foundation as an offshore entity, defendants made no meaningful effort to restrict the sale or promotion of $HAWK tokens to U.S. investors, continuing to solicit U.S.-based purchasers through Welch's social media channels and X promotional posts. The complaint identifies this as conduct that does not qualify for any recognized exemption from the U.S. securities registration requirements. The pre-sale allegedly raised approximately $16.69 million (reflected as the initial market cap at token launch) and the project generated over $2 million in Meteora platform trading fees within the first 24 hours. The destination of pre-sale proceeds has not been publicly accounted for, a point Coffeezilla highlighted in his post-launch X Spaces confrontation with the project team.","heading":"Alleged Offshore Structure and Securities Law Avoidance","severity":"high","sources":[{"credibility":2,"name":"Investors File Lawsuit Over Hawk Tuah Memecoin Collapse — Brave New Coin","type":"news_article","url":"https://bravenewcoin.com/insights/investors-file-lawsuit-over-hawk-tuah-memecoin-collapse"},{"credibility":1,"name":"Hawk Tuah Memecoin Investors Sue Promoters Over Registration — Bloomberg Law","type":"news_article","url":"https://news.bloomberglaw.com/securities-law/hawk-tuah-memecoin-investors-sue-promoters-over-us-registration"},{"credibility":2,"name":"Investors Sue Creators of Hawk Tuah Meme Coin — CoinMarketCap Academy","type":"news_article","url":"https://coinmarketcap.com/academy/article/investors-sue-creators-of-hawk-tuah-meme-coin-for-alleged-securities-violations-after-90percent-price-drop"}]},{"content":"Following the collapse, project representatives made several public statements that conflicted with on-chain evidence. During a post-launch X Spaces session, Hailey Welch stated: 'The team hasn't sold one token, and not a single KOL was given any free tokens.' The project team separately claimed that the 96% wallet cluster highlighted by Bubblemaps represented tokens held by the deployer address consistent with the stated tokenomics, and that 10% of the supply was allocated to the team with a 12-month lockup and 3-year vesting schedule. However, Bubblemaps' analysis indicated that wallets linked to project leadership participated in post-launch sell activity, contradicting public statements made during damage-control communications. The project team had also publicly promoted the token with representations including permanent liquidity locks, planned utility features (podcasts, gaming subscriptions), fair distribution, and a compliance-focused structure — all of which are characterized in the amended class action complaint as materially false. Clinton So's statements following the launch have not been widely reported, and Alex Larson Schultz locked his X account in the days following the controversy, limiting his public communications.","heading":"Disputed Representations and Team Denials","severity":"medium","sources":[{"credibility":2,"name":"Hawk Tuah Girl's Meme Coin Faces Allegations of Rug Pull, Project Leads Deny Wrongdoing — Decrypt","type":"news_article","url":"https://decrypt.co/295179/hawk-tuah-girls-meme-coin-faces-allegations-of-rug-pull-project-leads-deny-wrongdoing"},{"credibility":2,"name":"How Hailey Welch's $HAWK Token Became a $500M Disaster — Bubblemaps Blog","type":"research","url":"https://blog.bubblemaps.io/how-hailey-welchs-hawk-token-became-a-500m-disaster/"},{"credibility":2,"name":"'Hawk Tuah' Crypto Controversy is a Serious Retail Problem — Blockhead","type":"news_article","url":"https://www.blockhead.co/2024/12/06/hawk-tuah-crypto-controversy-is-a-serious-retail-problem-2/"}]},{"content":"OverHere Limited is a Hong Kong-based Web3 launchpad company. Prior to $HAWK, the company had no widely reported track record of successful token launches. The company's main website (overhere.gg) has been reported as inaccessible or unreliable following the collapse of $HAWK. As of research date, the company's X account (@overHere_gg) had last posted in December 2024 surrounding the token's controversy, and no new product launches have been publicly announced. Clinton So, the CEO, has not made widely reported public statements since the collapse. The Stanford Securities Class Action Clearinghouse lists overHere Limited as a named defendant in the ongoing federal securities case. The company's sole publicly known product remains $HAWK; no other launchpad projects by OverHere have been independently verified.","heading":"OverHere Limited: Company Status and Background","severity":"medium","sources":[{"credibility":1,"name":"overHere Limited: $HAWK tokens — Stanford Securities Class Action Clearinghouse","type":"court_filing","url":"https://securities.stanford.edu/filings-case.html?id=108502"},{"credibility":1,"name":"Hailey Welch Crypto Project Sued Over Hawk Tuah Memecoin — Newsweek","type":"news_article","url":"https://www.newsweek.com/hailey-welch-hawk-tuah-memecoin-investors-lawsuit-new-york-cryptocurrency-2003346"}]}],"sources_used":[{"credibility":1,"name":"Hawk Tuah Memecoin Investors File Lawsuit Over Alleged Sale of Unregistered Securities — classaction.org","type":"court_filing","url":"https://www.classaction.org/news/hawk-tuah-memecoin-investors-file-lawsuit-over-alleged-sale-of-unregistered-securities"},{"credibility":1,"name":"Cases and Investigations: $HAWK Memecoin — Wolf Popper LLP","type":"court_filing","url":"https://www.wolfpopper.com/cases-investigations/hawk-memecoin"},{"credibility":1,"name":"Hawk Tuah Memecoin Investors Sue Promoters Over Registration — Bloomberg Law","type":"news_article","url":"https://news.bloomberglaw.com/securities-law/hawk-tuah-memecoin-investors-sue-promoters-over-us-registration"},{"credibility":1,"name":"Hawk Tuah girl wanted to reward fans with a memecoin — Fortune","type":"news_article","url":"https://fortune.com/crypto/2024/12/10/hawk-tuah-memecoin-launch-haliey-welch-pump-dump-rug-pull/"},{"credibility":1,"name":"Haliey 'Hawk Tuah' Welch Says SEC Meme Coin Probe Closed, No Charges — TMZ","type":"regulatory","url":"https://www.tmz.com/2025/03/27/haliey-welch-hawk-tuah-girl-meme-coin-investigation-over-sec-no-charges/"},{"credibility":1,"name":"'Hawk Tuah Girl' Hailey Welch Claims SEC, FBI Cleared Her — CoinDesk","type":"news_article","url":"https://www.coindesk.com/business/2025/05/21/hawk-tuah-girl-hailey-welch-claims-sec-fbi-cleared-her-for-the-hawk-memecoin-disaster"},{"credibility":1,"name":"'Hawk Tuah' girl says FBI, SEC cleared her — The Block","type":"news_article","url":"https://www.theblock.co/post/355173/hawk-tuah-girl-says-fbi-sec-cleared-her-of-legal-wrongdoing-in-memecoin-fiasco"},{"credibility":1,"name":"Hailey Welch Crypto Project Sued Over Hawk Tuah Memecoin — Newsweek","type":"news_article","url":"https://www.newsweek.com/hailey-welch-hawk-tuah-memecoin-investors-lawsuit-new-york-cryptocurrency-2003346"},{"credibility":2,"name":"Hawk Tuah Girl Added to Solana Meme Coin Lawsuit — Decrypt","type":"news_article","url":"https://decrypt.co/349110/hawk-tuah-girl-solana-meme-coin-lawsuit-after-cooperating-law-firm"},{"credibility":2,"name":"'Hawk Tuah' star pulled into expanding memecoin lawsuit — Protos","type":"news_article","url":"https://protos.com/hawk-tuah-star-pulled-into-expanding-memecoin-lawsuit/"},{"credibility":2,"name":"HAWK TUAH girl, Hailey Welch and Meteora dragged in as defendants — Cryptopolitan","type":"news_article","url":"https://www.cryptopolitan.com/hawk-tuah-girl-hailey-welch-meteora-lawsuit/"},{"credibility":2,"name":"How Hailey Welch's $HAWK Token Became a $500M Disaster — Bubblemaps Blog","type":"research","url":"https://blog.bubblemaps.io/how-hailey-welchs-hawk-token-became-a-500m-disaster/"},{"credibility":2,"name":"Explained: The Hawk Tuah 'Rug Pull' (December 2024) — Halborn","type":"research","url":"https://www.halborn.com/blog/post/explained-the-hawk-tuah-rug-pull-december-2024"},{"credibility":2,"name":"Investor lawsuit filed against Hawk Tuah memecoin creators, partners — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/investor-lawsuit-filed-hawk-tuah-creators-partners"},{"credibility":2,"name":"Hawk Tuah Girl's Meme Coin Faces Allegations of Rug Pull, Project Leads Deny Wrongdoing — Decrypt","type":"news_article","url":"https://decrypt.co/295179/hawk-tuah-girls-meme-coin-faces-allegations-of-rug-pull-project-leads-deny-wrongdoing"},{"credibility":2,"name":"How insiders and bots crashed Hawk Tuah Girl's memecoin — DL News","type":"news_article","url":"https://www.dlnews.com/articles/markets/investors-angry-hawk-tuah-girl-haliey-welch-memecoin-crashes/"},{"credibility":2,"name":"Hawk Tuah Memecoin Investors File Lawsuit — Brave New Coin","type":"news_article","url":"https://bravenewcoin.com/insights/investors-file-lawsuit-over-hawk-tuah-memecoin-collapse"},{"credibility":1,"name":"overHere Limited: $HAWK tokens — Stanford Securities Class Action Clearinghouse","type":"court_filing","url":"https://securities.stanford.edu/filings-case.html?id=108502"},{"credibility":2,"name":"Coffeezilla calls out 'insane headlines' about Hawk Tuah memecoin — CoinTelegraph","type":"news_article","url":"https://cointelegraph.com/news/coffeezilla-hailey-welch-hawk-tuah-memecoin-launch-misinformation-claims"},{"credibility":2,"name":"Hawk Tuah Sued Over $HAWK Meme Coin — CryptoNews","type":"news_article","url":"https://cryptonews.com/news/hawk-tuah-hawk-lawsuit/"},{"credibility":2,"name":"Who is Alex Larson Schultz? — Sportskeeda","type":"news_article","url":"https://www.sportskeeda.com/pop-culture/news-who-alex-larson-schultz-doc-hollywood-s-involvement-hawk-tuah-meme-coin-scandal-explored-amid-recent-lawsuit"},{"credibility":2,"name":"Hawk Tuah Girl is Trying to Distance Herself From the Collapse — Baker McKenzie Blockchain Blog","type":"research","url":"https://blockchain.bakermckenzie.com/2024/12/30/hawk-tuah-girl-is-trying-to-distance-herself-from-the-collapse-of-her-hawk-memecoin/"}],"summary":"Alex Larson Schultz (known online as 'Doc Hollywood'), OverHere Limited CEO Clinton So, and the Cayman Islands-registered Tuah The Moon Foundation are the principal architects behind the $HAWK memecoin launched December 4, 2024, on Solana, which used the viral celebrity of Hailey Welch ('Hawk Tuah Girl') to attract retail investors before collapsing more than 93% within hours of launch. A federal class action (Case 1:24-cv-08650, EDNY) filed December 19, 2024, alleges unregistered securities violations and a coordinated pump-and-dump scheme; the lawsuit has since been amended to add Welch, her manager, and Meteora DEX as additional defendants. The SEC and FBI investigated Welch and closed their inquiries without charges in early 2025; the civil litigation against Schultz, So, and OverHere remains active.","timeline":[{"date":"2024-07-01","event":"16 Minutes LLC (Hailey Welch's company) signs a 'Meme Token Creation and Monetization Agreement' with Memetic Labs approximately five months before the $HAWK launch, stipulating $125,000 upfront and up to $200,000 on promotional milestones.","source":"Decrypt — Hawk Tuah Girl Added to Solana Meme Coin Lawsuit","source_url":"https://decrypt.co/349110/hawk-tuah-girl-solana-meme-coin-lawsuit-after-cooperating-law-firm"},{"date":"2024-11-03","event":"An early pitch deck circulates proposing 20% of HAWK supply reserved for early investors with a one-month lockup period.","source":"Fortune — Hawk Tuah girl wanted to reward fans with a memecoin","source_url":"https://fortune.com/crypto/2024/12/10/hawk-tuah-memecoin-launch-haliey-welch-pump-dump-rug-pull/"},{"date":"2024-11-26","event":"Hailey Welch announces the forthcoming $HAWK token launch on X, in partnership with OverHere.","source":"ZyCrypto — Web3 Platform and Launchpad overHere Launches Hawk Tuah ($HAWK) Memecoin","source_url":"https://zycrypto.com/web3-platform-and-launchpad-overhere-launches-hawk-tuah-hawk-memecoin-with-hailey-welch/"},{"date":"2024-12-04","event":"$HAWK token launches on Solana via the Meteora DEX at 5:00 PM EST. Market cap reaches approximately $490 million within fifteen minutes. Token then collapses more than 93%, falling to approximately $41.7 million market cap. On-chain analysis shows approximately 96% of supply in interconnected wallets. Presale participants collectively extract approximately $3.3 million in profits. Over $2 million in trading fees collected by the project team within 24 hours.","source":"Halborn Security — Explained: The Hawk Tuah Rug Pull (December 2024)","source_url":"https://www.halborn.com/blog/post/explained-the-hawk-tuah-rug-pull-december-2024"},{"date":"2024-12-04","event":"Hailey Welch denies team sold tokens in public X Spaces. Alex Larson Schultz subsequently locks his X account.","source":"Decrypt — Hawk Tuah Girl's Meme Coin Faces Allegations of Rug Pull","source_url":"https://decrypt.co/295179/hawk-tuah-girls-meme-coin-faces-allegations-of-rug-pull-project-leads-deny-wrongdoing"},{"date":"2024-12-19","event":"Federal class action complaint filed in the Eastern District of New York (Case No. 1:24-cv-08650) against Alex Larson Schultz, OverHere Limited, Clinton So, and the Tuah The Moon Foundation, alleging unregistered securities violations under the Securities Exchange Act of 1934.","source":"classaction.org — Hawk Tuah Memecoin Investors File Lawsuit","source_url":"https://www.classaction.org/news/hawk-tuah-memecoin-investors-file-lawsuit-over-alleged-sale-of-unregistered-securities"},{"date":"2025-03-27","event":"TMZ reports, citing attorney James Sallah, that the SEC has closed its investigation into Hailey Welch without any findings against her or monetary sanctions.","source":"TMZ — Haliey 'Hawk Tuah' Welch Says SEC Meme Coin Probe Closed, No Charges","source_url":"https://www.tmz.com/2025/03/27/haliey-welch-hawk-tuah-girl-meme-coin-investigation-over-sec-no-charges/"},{"date":"2025-04-23","event":"Magistrate Judge Cheryl L. Pollak appoints Alexander Escobar as Lead Plaintiff and designates Wolf Popper LLP and Burwick Law as Co-Lead Counsel in the class action.","source":"Wolf Popper LLP — Cases and Investigations: $HAWK Memecoin","source_url":"https://www.wolfpopper.com/cases-investigations/hawk-memecoin"},{"date":"2025-05-21","event":"Hailey Welch states on her Talk Tuah podcast that both the FBI and SEC investigated and cleared her of wrongdoing, confirming she surrendered her phone to the SEC and was questioned by the FBI.","source":"CoinDesk — 'Hawk Tuah Girl' Hailey Welch Claims SEC, FBI Cleared Her","source_url":"https://www.coindesk.com/business/2025/05/21/hawk-tuah-girl-hailey-welch-claims-sec-fbi-cleared-her-for-the-hawk-memecoin-disaster"},{"date":"2025-11-01","event":"Amended class action complaint filed adding Hailey Welch, her manager Johnnie Forster, 16 Minutes LLC, and Meteora DEX as additional defendants. Magistrate Judge James R. Cho had granted plaintiffs' motion to amend. Welch is named solely in an unjust enrichment claim. Amended complaint alleges blockchain forensics link $HAWK wallets to $LIBRA and $M3M3 pump-and-dump patterns on Meteora.","source":"Decrypt — Hawk Tuah Girl Added to Solana Meme Coin Lawsuit","source_url":"https://decrypt.co/349110/hawk-tuah-girl-solana-meme-coin-lawsuit-after-cooperating-law-firm"}]},"v":1}