Robinhood Chain Rug Pull Network Allegedly Cashed Out $18.4M Across 53 Token Launches 👀
A suspected rug pull network on the Robinhood chain has reportedly extracted around $18.43 million from at least 53 token launches over the past two months.
The group appears to be linked to a series of coordinated token deployments and cash outs, with the real figure potentially even higher.
Interestingly, the $DEED.ETF token that sparked the investigation wasn’t among the group’s top 10 most profitable exits, suggesting the operation may be much larger than initially thought.
Another reminder that on chain activity can reveal patterns long before they become obvious to the wider market. 📉🔍
#cryptofirst21 $RHEA $QNT
A suspected rug pull network on the Robinhood chain has reportedly extracted around $18.43 million from at least 53 token launches over the past two months.
The group appears to be linked to a series of coordinated token deployments and cash outs, with the real figure potentially even higher.
Interestingly, the $DEED.ETF token that sparked the investigation wasn’t among the group’s top 10 most profitable exits, suggesting the operation may be much larger than initially thought.
Another reminder that on chain activity can reveal patterns long before they become obvious to the wider market. 📉🔍
#cryptofirst21 $RHEA $QNT
