The U.S. Securities and Exchange Commission (SEC) officially dropped all charges against Hailey Welch, the famous Hawk Tuah girl.

This action followed the agency's investigation into the $HAWK token's collapse. The regulatory body determined that she was not responsible for the currency's sharp increase and subsequent fall

The U.S. Securities and Exchange Commission (SEC) has officially dropped all charges against Hailey Welch, famously known as the Hawk Tuah girl. This follows an investigation by the agency into the $HAWK token and its collapse.

The regulatory body decided that she was not responsible for the currency’s sharp rise and subsequent fall, bringing considerable relief to Welch and her supporters.

The $HAWK token initially soared toward a $490 million market valuation. However, its value later plummeted by over ninety percent, causing significant financial harm to many investors. This situation triggered legal actions and regulatory attention concerning Welch’s possible involvement.

Despite this, she cooperated fully with officials throughout the months-long process. As a result, Welch faces no official sanctions or penalties, leaving her free to pursue future professional goals.

The Hailey Welch SEC Investigation and Findings

The SEC initiated an inquiry regarding the $HAWK token following its rapid surge and collapse. This probe focused on whether its promotion and sale adhered to financial regulations.

Investors claimed the asset lacked proper registration, and they allege that illegitimate marketing tactics impacted buyers negatively. The official review aimed to uncover Welch’s potential role in promotional endeavors that might have contributed to the currency’s downfall.

Despite initial concerns, regulators uncovered no proof of misconduct. According to Welch’s legal counsel, James Sallah, the SEC closed its case without any findings against her. This means that Welch avoids any financial penalties or future limitations on her financial dealings, reinforcing her assertion that she was not responsible for the asset’s ultimate failure.

The Rise and Fall of $HAWK

December 2024 saw the launch of the $HAWK token, capitalizing on the Hawk Tuah girl’s internet fame to draw participants. This crypto asset experienced an exceptionally rapid rise, and its market valuation approached half a billion dollars within days.

However, this excitement proved temporary because the currency’s worth plummeted quickly hours later. The sudden crash wiped out millions in investor funds and sparked legal challenges.

Chart 1 – Published on CoinMarketCap, March 29, 2025.

The resulting legal actions primarily targeted overHere Ltd., the entity launching the digital asset, and its founder Clinton So. Market participants accused the firm of failing to register the cryptocurrency properly and of misleading buyers through aggressive marketing.

Although Welch’s name was linked to the token’s publicity, the regulators’ conclusions confirmed that she played no part in its management or financial dealings.

Hailey Welch’s Next Chapter

With the regulatory investigation concluding, Welch is turning her attention away from the digital currency space. She stated publicly that she is “done” with memecoins and severed all connections with the LLC that managed $HAWK.

Now, she is concentrating on new opportunities within the media and entertainment sectors instead. She plans to use her unique background to highlight the dangers associated with viral crypto projects.

Currently, Welch is developing a documentary that will highlight the story of the $HAWK asset. This project aims to provide a deeper understanding of memecoin mechanics and their impact on investors.

Additionally, she started a podcast titled “Talk Tuah,” where she shares her personal experiences and discusses broader issues within the digital economy. Her dedication to openness and holding parties accountable has earned her a positive public reception.

Moving Forward After the Crypto Controversy

Following the conclusion of the Hailey Welch SEC case, the Hawk Tuah girl is keen to rebuild her reputation and focus on pursuing her passions. The public dispute involving the $HAWK digital asset served as an informative episode for her.

Welch intends to use her public presence to educate people about the potential risks linked to memecoin investments. Despite distancing herself from the crypto sector, she maintains her commitment to aiding individuals who were negatively affected by $ HAWK’s collapse.

She promised to help uncover factual details concerning the token’s downfall and ensure accountability for those who deceived investors. With new projects developing soon, Welch is moving beyond this period, embracing emerging possibilities within media and public advocacy endeavors.