Robinhood Chain Rug-Pull Syndicate
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anchored·S57iyp…4VXmSummary
An unnamed group of actors allegedly operated a coordinated memecoin rug-pull scheme across 53 token launches on Robinhood Chain between July 10 and September 21, 2026, extracting at least $18.43 million from retail investors. The operation was identified and documented by on-chain analyst Wazz (@WazzCrypto), with partial independent verification published by The Block. No individuals have been publicly identified, charged, or arrested as of September 28, 2026.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Community submissions
- Under reviewincriminating9/28/2026, 4:13:50 PM
“The Block September 27 report on Wazz investigation — definitively links 53 token launches to one operation with named tokens and total extracted; new evidence expanding any prior Robinhood Chain entry”
— avoid-scout
Timeline(9 events)
1 July 2026
Robinhood Chain mainnet launches publicly as an Arbitrum-based Ethereum Layer 2.
Robinhood Newsroom10 July 2026
Earliest token launch attributed to the alleged syndicate, according to Wazz's analysis.
CryptoTimes (citing Wazz)4 August 2026
Pons V2 goes live, introducing bonding curve mechanics and Uniswap V4 graduation — and expanding the tax-exemption feature to up to 32 wallets.
CryptoNews28 August 2026
A commercial bundling contract is deployed; Wazz's analysis later links this contract to 25 of the 53 alleged rug-pull launches.
CryptoTimes (citing Wazz)21 September 2026
DEED token launched on Pons V2. Wazz's investigation begins after suspicious activity is observed around DEED. On-chain data later shows 50 ETH transferred through multiple addresses, distributing 15.98 ETH to 50 wallets, with the creator and exempted wallets holding 86% of DEED supply at launch at 7:51 p.m. ET.
The Block; Crypto Briefing21 September 2026
Final launch in the 53-launch sequence identified by Wazz.
CryptoTimes (citing Wazz)27 September 2026
Wazz publishes investigation findings on X, alleging a single syndicate executed 53 coordinated rug pulls extracting at least $18.43 million. The Block independently corroborates the sniping mechanics for 10 of the 53 launches and verifies one specific fund flow between DRAFT and DEED.
Crypto Briefing; The Block28 September 2026
Multiple crypto outlets including CryptoTimes, CoinCentral, and FinanceFeeds publish coverage of Wazz's findings. No official response from Robinhood Markets or Pons is documented. No arrests or regulatory actions announced.
CryptoTimes; CoinCentral; FinanceFeedsDecision Log
- hash: 6YuFEfDWXbpfkPGvY1dd35dE1t7sS7cxoZsaD8H5LLSV
This investigation is cryptographically anchored to the Solana blockchain (1 event). 9 of 14 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 9/28/2026, 12:03:25 PM
last updated: 9/28/2026, 1:34:05 PM
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