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Tesla-topman Elon Musk zorgt opnieuw voor veel opschudding na teleurstellende financiële resultaten van Tesla. De nettowinst van Tesla zakte met maar liefst 71% vergeleken met vorig jaar, terwijl de totale omzet met 9% en de omzet uit voertuigen zelfs met 20% afnam.
Specifically, the upgrade introduces new mechanisms to balance rewards between Yappers (active social media participants earning Yap points) and long-term KAITO holders. In doing so, it addresses prior criticisms of limited token utility confined to staking and governance.
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The choice to go after Welch’s collaborators rather than the self-described “Queen. of Memes” herself suggests what many observers have already assumed: that she played no meaningful role in how $HAWK was conceived or distributed, serving merely as a face to market the token. As Coffeezilla reported, Welch had received an up-front payment of $125,000 to promote the coin to her community, along with 50 percent of net trading proceeds after operating costs paid to third parties. This is in addition to owning 10 percent of the entire $HAWK supply, which she cannot sell for a year. Whether those stakes will amount to anything is anyone’s guess.
Welch then provided a link to a form that affected investors can fill out on the website of cryptocurrency litigator Burwick Law, the firm that is representing the plaintiffs suing the creators of $HAWK.
‘I am fully cooperating with and am committed to assisting the legal team representing the individuals impacted, as well as to help uncover the truth, hold the responsible parties accountable, and resolve this matter,’ she continued.
Memecoins, which rely on cultural references and online fandoms to gain traction, are accessible and have a low barrier to create, investors said, adding that Welch’s ‘frenzied’ marketing of the token added to its raised appeal.
Michael D. Carroll is a Newsweek Breaking News Editor based in Birmingham, United Kingdom. His focus is reporting live news, U.S. and U.K. politics, and world news with attention on the Middle East. He has covered conflict, extreme weather events and disasters extensively. Michael joined Newsweek in 2024 after founding and directing Media Drum World news agency and had previously worked at a number of U.K. agencies. He is a graduate of University of Wales Swansea, having studied Modern History. Michael is a seasoned curator of editorial images and the author of historical photobook “Retrographic: History in Living Colour.” You can get in touch with Michael by emailing m.carroll@newsweek.com. Languages: English.
Burwick Law filed the lawsuit in the United States District Court for the Eastern District of New York. Investors in the coin are seeking more than $150,000 in damages and claiming that the coin was unregistered and illegal. The suit alleges that Haliey’s “extensive social media following” was used to “market the Token as a groundbreaking cryptocurrency project.” The investors are accusing the coin’s creators of “skirting the American securities laws” and making “no serious attempt to restrict purchasers” to international buyers.