**Crypto News Flash: HAWK Token Controversy Unfolds 🪙**

- TikTok star Hailey Welch is in hot water over the HAWK token collapse, a memecoin on the Solana blockchain.

- Welch is cooperating with lawyers representing investors who lost money, urging victims to contact the law firm involved.

- Allegations suggest insiders profited massively, leading to a lawsuit for securities violations.

- Burwick Law is pursuing those responsible, highlighting the exploitation of celebrity influence in the crypto space.

- Welch's rise to fame has been disrupted, as she faces backlash over her involvement.

What are your thoughts on celebrity-backed crypto projects? Share in the comments!