Haliey Welch breaks silence on the Hawk Token scandal on her “Talk Tuah” podcast, revealing the FBI probe and regret over fan losses.
On her podcast “Talk Tuah with Haliey Welch,” Haliey Welch has finally disclosed her involvement in the Hawk Token controversy.
The TikTok personality clarifies that she was legally prohibited from discussing the situation until recently.
She also discussed her interactions with federal investigators and provided her perspective on how she became involved in the cryptocurrency scandal.
Haliey Welch Discloses FBI Investigation In Response To Hawk Token Controversy
Haliey Welch has comprehensively explained her interactions with federal authorities during the Hawk token controversy.
Additionally, she disclosed the breadth of the investigation against her.
The social media personality recounted an incident in which FBI agents arrived at her grandmother’s residence in search of her.
“The federal agents arrived at Granny’s residence and knocked on her door.
She called me while experiencing a heart attack.” Said that the FBI is pursuing you.
What actions have you taken? During her podcast, Welch related the story.
Welch cooperated with federal investigators and met them in Nashville for interrogation following this initial contact.
“I entered a predominantly male room, and they questioned me about cryptography and other topics,” she elucidated.
The investigation encompassed an exhaustive review of her phone conversations with any individual who was associated with cryptocurrency.
The Securities and Exchange Commission (SEC) also requested access to her phone for several days following the FBI’s examination.
Ultimately, both agencies absolved her of wrongdoing, and she was not named in any subsequent lawsuit related to the Hawk token, according to Welch.
The Securities and Exchange Commission (SEC) also dismissed charges against her by the end of March.
Operators Allegedly Provided Promotional Content To TikTok Star
In the podcast, Welch disclosed that her involvement with the Hawk token was predominantly as a paid spokesperson, rather than a developer or operator.
According to her podcast statements, she was compensated exclusively for marketing activities, not from the coin’s profits or investor funds.
“The sole profit I generated from the coin was a marketing fee, which was not even derived from the coin.”
That is the extent of my creations. During her explanation, Welch stated, “I did not earn a dime from the coin itself.”
Haliey Welch described how the Hawk token operators would send her specific text to read for promotional videos.
These videos were subsequently uploaded to an X account in her name.
Welch asserts that she had only a cursory comprehension of cryptocurrency at the time, despite being the public face of these promotions.
“They will provide me with sentences of what to say, and I will simply record a selfie video of myself saying and repeating them.
I will then send the video to the individual responsible for the project, and he will post it on Twitter,” she explained.
Haliey Welch Expresses Regret To Fans Who Lost Money
Due to her endorsement, Haliey Welch has addressed the financial impact on her followers who invested in the Hawk token.
She conveyed regret regarding the circumstance during her podcast.
She also recognized her role as a public figure in whom many individuals placed their trust.
“I am under the impression that I have disappointed them numerous times.”
“They trusted me because my face was on the coin, and I could guide them to something beneficial in the long term and assist them in the future,” Welch stated.
The Hawk Tuah girl stated that the initial reports indicated approximately 1.2 million dollars in losses.
Nevertheless, she comprehends that the losses “real people” suffered amounted to roughly $180,000.
The social media personality reported experiencing physical discomfort when contemplating their followers.
Some individuals contacted her to inform her they had invested their monthly expenses in the Hawk token.
She acknowledged her insufficient understanding of cryptocurrency before advocating for it.
