Controversy Surrounds Crypto Token HAWK Following Collapse and Allegations of Unlawful Practices

$HAWK crypto scandal: Investors sue Hailey Welch over alleged fraud

Is HAWK memecoin just another celebrity-endorsed cash grab, or something more sinister? The controversy surrounding “Hawk Tuah Girl”—Hailey Welch has taken a legal turn. Investors have now filed a lawsuit against individuals and entities linked to the now-collapsed $HAWK memecoin.

The token, which plummeted over 95% in value on its launch day—4th December, has been at the center of allegations of unlawful promotion and sales practices.

Source: ambcrypto.com