Analyst ties $18.4M in Robinhood Chain memecoin extractions to one rug-pull operation; The Block verifies the mechanics on 10 launches
Onchain analyst Wazz says a single operation drained at least $18.43 million from 53 memecoin launches on Robinhood Chain since July; The Block confirmed the sniping mechanics on 10 of them but did not replicate the total.