Hailey Welch’s Involvement in HAWK Token Controversy: Legal Status & Market Impact

Internet personality Hailey Welch has been cleared of involvement in the alleged ‘hawkeye token’ rug pull. The incident, involving Tuah the Moon Foundation and overHere Ltd., is currently under legal scrutiny. 95% of the HAWK token value plummeted after the alleged rug pull, raising concerns about the risks associated with celebrity-endorsed cryptocurrencies and highlighting a need for greater regulatory oversight in influencer-driven projects. 95% of the market cap crashed following the event.