Hawk tuah girl cryptocurrency lawsuit
A lawsuit has been filed accusing overHere, its founder Clinton So, social media influencer Alex Larson Schultz and the Tuah The Moon Foundation (which is understood to have overseen the finances of the meme coin) of unlawfully promoting and selling cryptocurrency that was allegedly never properly registered 888poker.
“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. If you have experienced losses related to this, please contact Burwick Law using the link below:
In response to the news of the lawsuit statement, Welch hoped to assure her fans and anyone who had invested in the cryptocurrency as she said on Twitter: “I take this situation extremely seriously and want to address my fans, the investors who have been affected, and the broader community.
Hawk tuah girl cryptocurrency lawsuit
In response to the news of the lawsuit statement, Welch hoped to assure her fans and anyone who had invested in the cryptocurrency as she said on Twitter: “I take this situation extremely seriously and want to address my fans, the investors who have been affected, and the broader community.
Scott Armstrong was reacting to online comments by Welch, an internet personality, after the crash of the Hawk Tuah memecoin, which lost more than 95 percent of its value in a single day when it was launched on December 4. A memecoin is a type of cryptocurrency that is typically launched on the back of a popular internet meme or recurring joke.
Welch jumped into the crypto craze after months of growing her brand. Since June, when her interview went viral, she has cashed in on her success with Hawk Tuah-themed merch, her podcast “Talk Tuah” and the launch of her AI dating assistant app Pookie Tools.
A word of advice to 20-something-year-old influencers who got famous overnight for a random reason (such as saying “You gotta give ’em that hawk tuah and spit on that thing“: Maybe don’t randomly venture into crypto. It seems Hawk Tuah Girl Haliey Welch has now learned that very crucial lesson. The 22-year-old Talk Tuah podcast host recently attempted to launch a crypto meme coin, the $HAWK token. But just hours after the launch, the coin totally crashed. Haliey was swiftly accused of scamming people out of their money, and on December 19, investors of the coin filed a lawsuit against the coin’s creators, accusing them of illegally advertising and selling crypto that they say wasn’t properly registered with the SEC. Haliey has since responded to the suit with a statement on Twitter (or X, or whatever we’ll calling it these days).
“Many of the investors were first-time cryptocurrency participants drawn to the project through Welch’s involvement,” the case states. “The rapid decline in the Token’s value caused substantial damages to investors who relied on Welch’s participation and the project’s stated roadmap.”
Pi network cryptocurrency
The Pi Network is a cryptocurrency project that aims to provide ease of access to crypto mining using a digital mining app. The network utilizes a cooperative consensus mechanism for its users, validating transactions through collaboration, rather than competition.
Pi is really accessible to everyone out there. People can mine it by themselves using their mobile phones. So as long as you have a mobile device you can participate. And then, once you have mined it and eventually, especially when we migrate everyone to the mainnet…then you can use that currency to perform various activities on the network.
Pi Network has built an integrated ecosystem that facilitates real-world transactions and decentralized applications. Pi can be used as a medium of exchange for goods and services, including online commerce and local brick-and-mortar businesses. Users can engage with Core Team and community-built apps in the Pi ecosystem through the Pi Browser, where integrated features like the Pi Wallet provide a seamless experience. Events like PiFest 2024 showcased Pi’s growing adoption, with over 27,000 active sellers and 28,000 test merchants across 160 countries.
Pi Network is a decentralized blockchain project that allows users to mine Pi Coin directly from their smartphones, removing the need for energy-intensive hardware. This mobile-first approach significantly lowers the barrier to entry and makes cryptocurrency more accessible to a broader audience.
By June 2019, the network had reached 100,000 active users, followed by a dramatic increase of more than 3.5 million during its second phase. In March 2022, the Pi Network claimed that its user base had reached 33 million.
Participants can move up in rank as they invite more users onto the network through their referrals. For example, the first level is Pioneer, which is rewarded according to the mining rate at the time of joining. As you move up through the three membership levels, the hourly Pi coin rewards increase.
No comment yet, add your voice below!