Hawk Tuah investors file a lawsuit against promoters
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Investors in the Hawk Tuah meme coin have filed a lawsuit against its creators and promoters, claiming securities fraud after the token’s sudden drop. The plaintiffs argue that the token was falsely advertised as providing benefits similar to those of shareholders, which violates securities laws. Hailey Welch, who is connected to the project, is not a defendant and will not take part in the legal proceedings. Hawk Tuah started in