Coffeezilla calls the Hawk Tuah memecoin a ‘crazy headline’.
Following the launch of her controversial memecoin, HAWK, YouTuber Stephen Findison called “Cofizilla” to stop spreading misleading headlines about viral influencer Hayley Welch, also known as “Hawk Tuah”.
“You can stop these crazy headlines. She didn't cost $500 million and make $50 million,” Cofezilla said in a Dec. 6 post to his 638,900 followers.
‘Let's stick with what we know,' says Cofizila.
Coffizilla claims that the team behind memecoin “pre-sold a few million” to strategic advisors saying the tokens were “rigged”.
The launch of Welch Hawk Tuh memecoin on December 5th sparked outrage on social media, as the newly launched token was briefly inflated and quickly dropped following a controversial deployment that included allegations of hackers and insider wallets.
Source: Coffeezilla
Since then, rumors have circulated online, from lawsuits to claims of profits from memecoin, most of which Coffizilla says are misinformation.
“We try to criticize a lot here, but let's wait until we know. The team made a few million,” Cofizila said, adding that the “exact amount” is unknown.
“According to Hawke's lawyer, she saw $125,000 and her signs opening within a year,” he said.
CoffeeZilla shuts down lawsuit rumors.
He said it was “unknown at this time” where the profits from transaction fees and pre-sales went.
Meanwhile, he said that no legal action has been taken yet.
Oh and she is not being charged (yet) so everything in this article is misinformation.
The US law firm Burwick Law said in a post on December 5 that the victims of the launch should contact the law firm to understand their “legal rights”.
Related: Is the ‘memecoin supercycle' already over? Analysts weigh in.
Welch's latest post on X regarding the matter, shared on Dec. 5, says she was “copy and pasting” it before it was read.
“Hawkanomics: Team 1 token not sold and 1 KOL 1 free token not given. We tried to stop the shooters as much as we could with the high payout at the start.
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