Is Hawk Tuah Crash a Case of Market Manipulation?

Quick Summary:

The launch of Hawk Tuah (HAWK), a Solana-based memecoin created by viral influencer Haliey Welch, saw a meteoric rise but suffered a dramatic crash within hours.

Securities and Exchange Commission (SEC), citing potential violations of securities regulations.

They further claimed to have implemented high transaction fees to deter sniping during the launch.

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Article Details

Author / Journalist: Janani

Category: Crypto

Markets: United Arab EmiratesCuba

Topics: Meme Coin Scams Altcoin Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-05 @ 12:53:06 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 297 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24143691

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 26 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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