🚀 From TikTok fame to memecoin mayhem! Hailey Welch, known for her viral 'Hawk Tuah' video, finds herself in hot water after the HAWK token skyrocketed to a $500M market cap, only to nosedive by 90%. Investors are crying foul, alleging a classic rug pull. Welch, not named in the lawsuit, is cooperating with lawyers and urges affected users to step forward. 🤔
One savvy wallet snagged 18% of HAWK, cashing in over $1M, while others faced losses. Will Welch or the creators face legal action? The SEC's stance on tokens as securities might shift soon. Share your thoughts below!