Haliey Welch, known as “Hawk Tuah Girl,” is distancing herself from last December’s failed HAWK memecoin launch, asserting that she was unaware of cryptocurrency’s complexities, contrary to her previous claims.

In a recent episode of her Talk Tuah podcast, Welch stated that she was questioned by the FBI and turned her phone over to the SEC, ultimately claiming she was “cleared” of any misconduct.

“They went through my phone, so they cleared me. I was good to go,” she explained. “I wish we knew then what we know now.”
Translation: They reviewed my phone, so I was exonerated. I wish we had the knowledge then that we do now.

Her latest remarks, which include admitting a lack of understanding about crypto and feelings of guilt over her supporters’ trust, sharply contrast her enthusiastic promotion of the token in November 2024. At that time, she expressed excitement about joining meme culture and highlighted her learning curve leading up to the token’s launch.

The failed HAWK token hit a market cap of $491 million but soon dropped below $100 million, resulting in substantial financial losses for investors. Although initially reported losses were as high as $1.2 million, Welch now claims the actual loss figure is $180,000. Nonetheless, this number does not account for the many holders who have yet to sell their tokens, leaving the actual impact on investors uncertain.

Critics on her podcast have expressed skepticism regarding her narrative, with some questioning her involvement in a project she did not fully understand.

As of recent updates, the HAWK token has suffered a 99% decline in value since its peak, resulting in a current market cap of approximately $104,000.