Analyst Identifies Group Behind 53 Rug Pulls on Robinhood Chain

On-chain analyst Wazz reported that a group has been conducting a series of rug pulls on the Robinhood chain, launching at least 53 tokens over the past two months and netting approximately $18.43 million. The analyst noted that the actual scale of the operation may be larger, and the recent DEED token incident was not even among the group's top ten most profitable scams.