PANews December 21 news, crypto influencer Haliey Welch tweeted to fans, affected investors, and the wider community, stating that she will fully cooperate and is committed to assisting the legal team representing the affected individuals, helping to uncover the truth, hold the responsible parties accountable, and resolve the matter. On December 4, a memecoin featuring Haliey Welch's portrait was launched, reaching a market capitalization of about $500 million before subsequently dropping by 90%. It was later sued by investors.