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Hawk Tuah Girl claims no tokens sold as memecoin launch sparks crypto community backlash

  • The launch of memecoin HAWK on the Solana blockchain has sparked controversy and backlash.
  • The token experienced a rapid rise and fall, leading to accusations of unethical practices and potential regulatory attention.
  • Analysts revealed that nearly 96% of the token's supply was controlled by insider wallets, raising concerns of market manipulation.
  • Investors have expressed outrage and some have filed complaints with regulatory authorities, while legal challenges are expected for the project's team.

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