Analyst Links 53 Robinhood Chain Tokens to One $18.4M Rug-Pull Ring
A single operation may have extracted at least $18.43 million from 53 memecoin launches on Robinhood Chain in just over two months, according to an onchain investigation by pseudonymous analyst Wazz. The alleged activity ran from July 10 through Sept. 21 and largely centered on Pons V2, a token launchpad on Robinhood Chain. Wazz linked the launches through wallet-funding patterns, shared collector addresses and, in several cases, private keys used across multiple launches. How the Alleged Scheme Worked Pons V2 normally imposes a 99% anti-sniping tax on purchases made immediately after a token launches, with the tax quickly falling toward zero. However, creators can exempt selected addresses from that mechanism. Onchain records reviewed by The Block showed creators of nine launches from late August onward exempting groups of roughly 15 to 25 wallets. Within seconds, bundled transactions bought most of each tokens available supply. The creator and exempt wallets ultimately controlled between 82% and 86% of supply in those launches.Linked token launches53Estimated extraction$18.43M+Operation periodJuly 10–Sept. 21Wallets used per launchUp to 70–200Supply captured in reviewed launchesUp to 86% The largest alleged extraction was CRUMBS at $3.12 million, followed by LEGS at $2.9 million and PINK at $1.44 million. Robinhood Chains Memecoin Boom Faces a New Test The allegations arrive during









