<ul><li>The developers of the meme coin 'Hawk Tuah Girl' are facing a legal battle in the US District Court for the Eastern District of New York.</li><li>The 'HAWK' token initially surged in value but then dropped 91%, causing financial damages to investors.</li><li>The lawsuit alleges insider trading and claims that some developers purposely abandoned the project after benefiting from the token's price.</li><li>Investors argue that the token showed characteristics of an unregistered security and that its initial success relied on the popularity of the viral sensation, 'Hawk Tuah Girl'.</li></ul>

From Fame To Fallout: ‘Hawk Tuah Girl’ Faces Legal Heat After 90% Coin Plunge

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