XIYU.NEWS EVENTS

Onchain analyst links $18.4 million in Robinhood Chain memecoin extractions to single rug-pull operation

MonitoringCryptoSecurity incidentFirst tracked 2026-09-27Last changed 2026-09-27

Current outcome

An onchain analyst tied approximately $18.4 million in extracted value across 10 Pons V2 memecoin launches on Robinhood Chain to a single rug-pull operation, in which the launch creators whitelisted wallets from the tokens' anti-sniping tax so those wallets could buy up most of each supply before dumping.

Progress timeline

1 material updates
  1. #01
    Initial2026-09-27 22:02 · publication time

    Onchain analyst links $18.4 million in Robinhood Chain memecoin extractions to single rug-pull operation

    An onchain analyst tied approximately $18.4 million in extracted value across 10 Pons V2 memecoin launches on Robinhood Chain to a single rug-pull operation, in which the launch creators whitelisted wallets from the tokens' anti-sniping tax so those wallets could buy up most of each supply before dumping.

    Source evidence: The Block

All events · Back to the feed

XIYU.NEWS APP

Install xiyu.news

Open in a standalone window, check for updates online and read saved pages offline.