“Hawk Tuah” cryptocurrency sellers and promoters never registered the US-marketed memecoin with the SEC and left investors out to dry during a 90% crash, a lawsuit filed on Thursday said.
The investors said they lost more than $151,000 combined after investing in the cryptocurrency modeled after “Hawk Tuah Girl” Haliey Welch, whose viral phrase kickstarted her social media fame. They’re suing Tuah The Moon Foundation, which collected funds from the $HAWK token; overHere Ltd and its founder Clinton So, which launched the memecoin; and social media influencer Alex Larson Schultz, who promoted it online, in the first US District ...
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