Pons V2 / Robinhood Chain Memecoin Extraction Ring
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anchored·5WV43f…AWgQSummary
A pseudonymous on-chain analyst known as Wazz alleged in September 2026 that a single coordinated operation extracted at least $18.43 million from 53 memecoin launches on Robinhood Chain between July 10 and September 21, 2026, primarily by exploiting a tax-exemption feature in the Pons V2 launchpad. Blockchain analytics firm Bitquery subsequently identified a related but potentially distinct cluster of 56 launches accounting for approximately $15.5 million, while GoPlus Security separately flagged a second suspected rug factory routing over $9 million through a common consolidation network. No individuals have been publicly identified or charged, and neither Pons V2 nor Robinhood Chain has been alleged to have designed or participated in the scheme.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Timeline(8 events)
1 July 2026
Robinhood Chain mainnet launched as an Arbitrum Orbit Layer 2 blockchain.
Robinhood Newsroom10 July 2026
Earliest token launch in the alleged extraction ring, according to Wazz's on-chain analysis.
Crypto Times28 August 2026
An unverified contract alleged to have been used to coordinate bundled purchases across multiple extraction launches was deployed on-chain.
Crypto Times27 September 2026
Pseudonymous analyst Wazz publishes on-chain investigation alleging one operation extracted at least $18.43 million from 53 memecoin launches on Robinhood Chain via Pons V2 tax-exemption abuse.
The Block28 September 2026
Bitquery publishes a related analysis identifying a cluster of 56 Robinhood Chain launches with an estimated $15.5 million extraction, potentially overlapping with or distinct from Wazz's ring.
Cryptonews.net28 September 2026
GoPlus Security separately identifies a second suspected memecoin rug factory on Robinhood Chain, routing over $9 million through a common consolidation address over 30 days, operating via PonsV2Helper contracts.
CryptoSlate28 September 2026
Yahoo Finance / Cryptonews publishes coverage placing Pons V2 tax-exemption design under broader scrutiny.
Yahoo FinanceDecision Log
- hash: 8muFfZH1BEERcquPgGKw2ScuVHtZNQL3qs7iKh634ntt
This investigation is cryptographically anchored to the Solana blockchain (1 event). 11 of 17 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 9/29/2026, 5:04:17 PM
last updated: 9/29/2026, 5:34:05 PM
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