Influencer's Cryptocurrency Collapse Sparks Legal Investigation and Investor Outrage
Social media personality Hailey Welch faces scrutiny from law firms after her $HAWK cryptocurrency crashed 95%, causing devastating losses for investors. The incident, which involved questionable token distribution and alleged pump-and-dump tactics, has ignited debates about celebrity crypto promotions.
Coffeezilla Exposes Troubling Launch of Viral Influencer's Memecoin
Cryptocurrency investigator Coffeezilla blasts the launch of Hawk Tuah's memecoin as 'horrible' after it crashed 91% following an initial 900% surge. The incident has sparked criticism from prominent internet figures and reignited concerns about celebrity-backed crypto projects.
Former Celsius CEO Pleads Guilty in $42M Crypto Fraud Case
Alex Mashinsky, former CEO of Celsius, has pleaded guilty to two criminal charges involving investor deception and illegal trading practices. The cryptocurrency executive faces up to 30 years in prison after admitting to manipulating markets and making false claims about regulatory approval.