Haliey Welch, recognized as the 'Hawk Tuah Girl', has announced that the SEC's investigation into the meme coin with her catchphrase has concluded with no charges.
Investigation Outcome
Over the past few months, Haliey Welch has cooperated with authorities and attorneys, and her attorney James Sallah confirmed that the SEC closed the investigation without any findings or sanctions against Haliey.
Fate of $HAWK Token
The $HAWK token attracted regulatory attention after a dramatic crash following its peak. The coin's capitalization soared close to $500 million before dropping to $3 million.
Other SEC Investigations
The SEC recently closed several other cryptocurrency cases against companies like Immutable, Crypto.com, and Ripple without bringing charges.
Despite the investigation and the $HAWK crash, Haliey Welch is ready to move forward, dissociating from the token's developer.
