🚨 QUESTIONING A RUG PULL GROUP: CAUGHT AFTER 53 TOKENS LAUNCHED ON THE ROBINHOOD CHAIN
According to Wazz’s on-chain analysis, a group of wallets believed to be behind at least 53 token launches over a period of about 2 months on the Robinhood Chain has allegedly withdrawn approximately $18.43 million in total.
The detected pattern is quite similar each time: before each launch, this group prepares roughly 70–200 wallets, then has those wallets buy the tokens very early and is said to control more than 70% of the supply before most buyers get involved.
When the token starts attracting capital inflows and FOMO, the large amount of tokens accumulated beforehand can become a source of liquidity to exit (sell off).
Wazz believes that 45 out of 53 launches may be connected through on-chain transaction flows. In the case where DEED is used as the starting point of the investigation, Wazz says the incident is even not among the group’s 10 largest cash-outs.
Three major cases mentioned include CRUMBS at about $3.12M, LEGS at about $2.9M, and PINK at about $1.44M.
Personal viewpoint:
If the wallet linkages Wazz points out can be independently confirmed, this would be a more worrying sign than a few isolated rug pulls, because it suggests the possibility of a repeating operational model across multiple launches.
Most importantly, it’s still crucial to distinguish between on-chain analysis and official conclusions. These allegations are currently based only on blockchain data and Wazz’s analysis, not on any findings from Robinhood or law enforcement agencies.
For people participating in new tokens on the Robinhood Chain, holder allocation data and the wallet’s funding history before the launch can be just as important as the token’s story or meme.
👇 HOT COINS TRADES HERE 👇
$SAGA
$XPL
$ONDO
According to Wazz’s on-chain analysis, a group of wallets believed to be behind at least 53 token launches over a period of about 2 months on the Robinhood Chain has allegedly withdrawn approximately $18.43 million in total.
The detected pattern is quite similar each time: before each launch, this group prepares roughly 70–200 wallets, then has those wallets buy the tokens very early and is said to control more than 70% of the supply before most buyers get involved.
When the token starts attracting capital inflows and FOMO, the large amount of tokens accumulated beforehand can become a source of liquidity to exit (sell off).
Wazz believes that 45 out of 53 launches may be connected through on-chain transaction flows. In the case where DEED is used as the starting point of the investigation, Wazz says the incident is even not among the group’s 10 largest cash-outs.
Three major cases mentioned include CRUMBS at about $3.12M, LEGS at about $2.9M, and PINK at about $1.44M.
Personal viewpoint:
If the wallet linkages Wazz points out can be independently confirmed, this would be a more worrying sign than a few isolated rug pulls, because it suggests the possibility of a repeating operational model across multiple launches.
Most importantly, it’s still crucial to distinguish between on-chain analysis and official conclusions. These allegations are currently based only on blockchain data and Wazz’s analysis, not on any findings from Robinhood or law enforcement agencies.
For people participating in new tokens on the Robinhood Chain, holder allocation data and the wallet’s funding history before the launch can be just as important as the token’s story or meme.
👇 HOT COINS TRADES HERE 👇
$SAGA
$XPL
$ONDO
