CoinScoopFAMI Token on Robinhood Chain Exposed as Memecoin Despite Nasdaq Stock Association
The FAMI token traded on the Robinhood Chain is not a legitimate tokenized version of the Nasdaq-listed Farmmi stock. Investigations revealed that the token's supply was minted in a single transaction by a wallet that retained 38% of the total supply and currently operates a contract named PoolRepricer to manipulate its price.
Summaries are written by AI from the original article. Not investment advice.