Scam Alert on Odaily: On-chain analyst Wazz uncovered a previous chain-linked rug-pull scheme on the Robinhood Chain—about 53 projects launched over two months, with roughly $18.43 million associated in cash-outs.

The operation is highly pipeline-like: the cash-out wallet from the prior project transfers to the next deployment address within seconds. At launch, they snipe about 70% or more of the circulating supply. Each project is bundled with 70–200 Sybil wallets, most of them routed through Pons V2. Top cash-outs in the first three: CRUMBS around $3.12 million, LEGS around $2.90 million, and PINK about $1.44 million.

There’s also a “double harvest with real and fake coins”—before the official minting of the real-coin CA, they first pump a fake market to cut a round. PINK/CRUMBS/DEED were repeatedly harvested about three times each.

Lately, Meme coins on the Robinhood chain have been retracing, and high-bid setups like PONS are also dumping. High-return launch pads—skip just one step of due diligence, and you can easily get pulled into the pipeline.

$HOOD #RobinhoodChain #RugPull #Meme