📰 4. 'Hawk Tuah' Meme Coin Faces Legal Scrutiny
Internet personality Haliey Welch, known as the "Hawk Tuah Girl," launched a meme coin named $HAWK on the Solana blockchain. The token's value skyrocketed to a market cap of nearly $500 million before plummeting to $25 million, leading to accusations of a pump-and-dump scheme and insider trading. Investors have filed lawsuits alleging unlawful promotion and sale of unregistered securities.
2 Views