Robinhood Chain Rug Pull Tied to $18.4M in Losses

An onchain analyst tied $18.4 million in Robinhood Chain memecoin losses to a single rug-pull operation spanning 10 Pons V2 launches, raising fresh questions about token launch fairness.

If a blockchain carries a trusted consumer brand name, who is responsible when its tools get used to build a rug pull: the chain operator, the token creators, or the platforms that list the tokens? Robinhood Chain did not build Pons V2, but its reputation is now tied to the outcome.

https://www.bonuz.xyz/en/blog/robinhood-chain-rug-pull-18-4-million