A 22-year-old social media influencer accused of perpetrating a crypto carpet pull scam says she is ready to cooperate and reveal the truth after a class action lawsuit was filed against her.
In a new thread on the social media platform
“I take this situation very seriously and would like to reach out to my fans, affected investors and the broader community. I fully cooperate with the legal team representing the affected individuals and am committed to helping uncover the truth, hold the responsible parties accountable and resolve this matter.”
Welch recently launched HAWK, a memecoin based on Solana (SOL), which lost 95% of its value just hours after its launch, leading to accusations that she ran a rug pull scam.
A rug pull scam occurs when the creators of a new token intentionally inflate its price and then sell the large amounts they hold, causing the asset to crash and investors left holding it.
Earlier this week, the New York-based…