YouTube investigator Stephen Findeisen, better known as “Coffeezilla,” called on people to stop spreading misleading headlines about viral influencer Hailey Welch, also known as “Hawk Tuah,” following the launch of the controversial memecoin HAWK.
“Can we stop these crazy headlines? She didn’t want $500 million and she didn’t make $50 million in profit,” Coffezilla told her 638,900 followers in a Dec. 6 X post.
CoffeeZilla says ‘let’s stick with what we know’.
Coffeezilla claimed that the team behind memecoin “pre-sold millions of units” to strategic advisors who reportedly “early sold” the tokens before they were “stolen.”
This comes after the launch of Welch’s Hawk Tuah memecoin on December 5 sparked outrage across social media, with the newly launched token briefly pumped and then rapidly abandoned following a controversial distribution involving alleged shooters and insider wallets. It will.
source: Coffeezilla
Afterwards, rumors spread online, ranging from lawsuits to claims that people had profited from meme coins, and Coffeezilla stated that most of these were false information.
“There is a lot to criticize here, and I do too. But let’s stick with what we know. The team made millions of dollars.” CoffeeZilla reiterated that the “exact amount” was unknown.
“According to Hawk’s lawyer, she earned $125,000 in one year and the tokens were unlocked,” he said.
CoffeeZilla Shuts Down Lawsuit Rumors
He said it was “unknown at this point” where all the profits from transaction fees and pre-sales went.
Meanwhile, he said no legal action has been taken yet.
“Oh, and she hasn’t been sued (yet), so literally everything in this post is misinformation.”
This comes as US law firm Burwick Law said in an X post on December 5 that release victims should contact law firms to understand their “legal rights”.
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On this matter, Welch’s most recent post about
“Hawkanomics: The team did not sell a single token and not a single KOL received a single free token. “We did our best to keep shooters at bay with high fees in the early days of launch.”
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