The group behind the meme coin named after viral "Hawk Tuah Girl" Hailey Welch has been hit with a lawsuit from investors after the $HAWK coin crashed within hours of its launch.
The complaint filed in New York on Thursday accuses Tuah The Moon Foundation; overHere Ltd and founder Clinton So; and influencer Alex Larson Schulz, known as "Doc Hollywood," of illegally selling and promoting the coin, which was allegedly not a registered security, according to The New York Post.
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