53 Memecoin Launches on Robinhood Chain Allegedly Connected to $18.43 Million Extraction Network
An on-chain analyst linked 53 memecoin launches on Robinhood Chain to an alleged operation that extracted at least $18.43 million through bundled wallets and connected funding flows. The investigation found that most launches had more than 70% of their supply bought within seconds, while some proceeds were moved between launches to fund new token deployments.
Weatherly