According to reports, Investors in #HalieyWelch’s $HAWK token have filed a lawsuit against Tuah The Moon Foundation, OverHere Ltd., executive Clinton So, and promoter Alex Larson Schultz. The lawsuit claims the cryptocurrency was unlawfully promoted and sold without proper registration. Linked to Welch’s podcast Talk Tuah, the token skyrocketed in value before crashing by over 90%, leaving first-time investors with significant losses. Although Welch herself is not named as a defendant, the plaintiffs argue her celebrity status was leveraged to fuel a buying frenzy. The suit focuses on alleged negligence under the Securities Act rather than accusations of fraud.