On-Chain Analysis Reveals Systematic Rug Pull Operations on Robinhood Chain

On-chain analysts have identified a coordinated group responsible for dozens of rug pulls on the Robinhood Chain, specifically targeting the Pons platform. The group allegedly uses a recurring strategy where they whitelist specific wallets to bypass anti-sniper taxes, allowing them to accumulate the majority of a token's supply at launch before selling to retail investors. Analysts tracked 53 token launches between July 10 and September 21, estimating that the group extracted approximately 18.43 million dollars in total. The funds from previous successful scams are reportedly used to seed the liquidity for subsequent token launches.