Hailey Welch, the 22-year-old known as the 'Hawk Tuah' girl, made headlines due to a crypto scam involving her meme coin, $HAWK. Joe Rogan, a well-known podcast host, discussed the incident on his show. He expressed surprise that people invested millions in her coin, only to see it crash. Rogan also suggested that the crypto space needs regulation.

Rogan speculated that Welch might not fully understand the intricacies of crypto investments, and that she could have been misled by others. He questioned the ethics and legality of such schemes. The incident involved only 12 investors who collectively lost $151, 000. Rogan and his guests debated whether Welch could face criminal charges.

One of Rogan's guests pointed out that pump-and-dump schemes are illegal according to the SEC. To help Welch, Rogan proposed a creative solution: launching a new coin, History Hyenas, which could be bought using the $HAWK coin. This, he believed, could revive Welch's coin and benefit everyone involved.

Rogan also expressed his skepticism about cryptocurrencies, stating he has turned down promotional offers in the past. He emphasized his lack of understanding and interest in crypto investments.

Welch has been lying low since the controversy. The legal consequences she might face remain uncertain.

Joe Rogan Weighs In on the Hawk Tuah Crypto Controversy

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