A lawsuit was filed Thursday on behalf of 17 people who invested in the 'Hawk' token.
In effect for much of the area for today and tonight. For most areas, 1-2" of snow today, and 1-3" additional tonight.Hailey Welch said Friday she is “fully cooperating” with a legal team after investors in a cryptocurrency associated with her sued its developers.
“I am fully cooperating with and am committed to assisting the legal team representing the individuals impacted, as well as to help uncover the truth, hold the responsible parties accountable, and resolve this matter,” she continued. “Hawk” shows all the characteristics of an unregistered security under legal precedent, according to the plaintiffs.
“Hawk” was also marketed as a “groundbreaking cryptocurrency project” by the defendants, who fostered expectations of profit based on Welch’s efforts, according to the firms.
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