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Hawk Tuah Coin Creators Face Legal Battles: What to Know

  • Hailey Welch, popularly known as the "Hawk Tuah Girl," promoted a cryptocurrency called Hawk Tuah coin.
  • However, the coin's value plummeted, causing investors to lose money and prompting legal battles against the coin's creators.
  • Lawsuits have been filed against Welch's promotional partners and entities involved in launching the coin, alleging market manipulation and intentional deception.
  • This incident highlights the risks associated with meme coins and the need for regulatory scrutiny in the cryptocurrency market.

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