Part 7/8:
Despite claims of being targeted by bots and blaming market conditions, Welch's credibility was hanging by a thread. As calls for accountability grew louder, a class action lawsuit was filed by aggrieved investors seeking redress for their losses—failure to fully disclose the risks and the mechanics behind the meme coin led to further scrutiny on Welch's actions.
The Aftermath
With her reputation tarnished, Welch has since gone mostly silent. The last public post from her included images of a luxurious getaway, raising questions about funding—could this vacation be financed by the ill-fated meme coin? There's a bitterness in the air surrounding her rise and subsequent fall, especially as discussions about the ethical implications of internet fame and cryptocurrency swirl.