Documented cases (updated 28 September 2026)
| When | What | Scale | Status | Sources |
|---|---|---|---|---|
| 10 Jul – 21 Sep 2026 | Serial extraction operation linked by the analyst Wazz to 53 memecoin launches. Most launched through the Pons V2 launchpad | "at least $18.43 million". The largest were CRUMBS $3.12M, LEGS $2.9M and PINK $1.44M | Alleged. The Block "did not independently replicate the $18.43 million total". The findings "do not allege any involvement by Pons, Robinhood, or the operators of the network" | [1][2][3] |
| Sep 2026 | "Meme rug factory" flagged by the security firm GoPlus | Reported at about $9M of volume | Reported by Phemex News citing GoPlus. We haven't verified the details | [4] |
| Jul 2026 | Fake "Robinhood founder seed-phrase leak" honeypot, a lure wallet that trapped people trying to take funds from a supposedly leaked wallet | Filtered transactions rose from 278 to 6,086 when the wallet was blocked. None reversed | Documented by L2BEAT. The first recorded use of Robinhood Chain's transaction filtering against a scam wallet | [5] |
| Jul 2026 | CEO account hijack. Robinhood CEO Vlad Tenev's X account was hijacked to promote a fake memecoin | n/a | Reported by CoinDesk. Robinhood's communications account also posted about it | [8][11] |
| 16–28 Jul 2026 | Ticker impersonation. 361 contracts used the ticker GME, and the 354 impostors out-traded the real token two to one on $213.0M of volume | The median loss for holders of ticker-impersonating tokens was −52.4% (64,394 wallets bought one) | Documented by Bitquery | [6] |
| 12–25 Sep 2026 | Front-running of app orders. Bots bought a split second before users' orders from one trading app filled, via an off-chain leak | 3,532 orders worth $6.5M. Users lost about $181,000 against their quotes | Documented by Bitquery. The source of the leak was not determined | [7] |
The patterns behind them
- Bundled launches. In the operation above, "nearly every launch was sniped for 70% or more of its supply by bundles of 70 to 200 wallets" [1]. See what is a bundled launch?
- Fake launches before the real one. The same reporting describes "fake launches" that built hype before the real contract address was revealed [2][3]. Buyers of the fakes lost, and the attention carried over to the real token.
- Copycat tickers. Real names, fake contracts, especially Stock Token tickers. Robinhood's docs say a token with a matching name or ticker but a different contract address "is not a Robinhood Stock Token" [10].
- Lure wallets and fake leaks. "Leaked seed phrase" wallets are honeypots. Anyone who sends ETH to cover gas typically loses it to a sweeper bot.
- Hijacked accounts. Promotions from real, verified accounts can still be fake if the account is compromised.
- Hidden fees. Not a rug, but it drains buyers quietly. Bitquery found the largest Uniswap v4 hook on the chain "advertises a fee of zero and takes a median of one percent of each swap" [9].
How to protect yourself
- Check before you buy. Look at the contract, liquidity, holder groups and deployer history. Follow the 12-point rug-pull checklist.
- Identify tokens only by contract address, verified on the official explorer.
- Treat "leaked wallet" and "claim" links as scams.
- Keep slippage tight to cap the damage from front-running.
- Use Token Check to see linked holder groups and the deployer's history in one place.
Snapshot log
| Date | What changed |
|---|---|
| 28 Sep 2026 | Tracker created with six documented cases |
Method and caveats
- A case is only listed when a named researcher, security firm or reputable outlet has documented it. We quote their figures, attribute them, and keep their caveats ("alleged", "not independently replicated").
- We name tokens and patterns, not private individuals.
- Corrections and right of reply. If you're connected to a listed case and believe it's inaccurate, contact us through the corrections page. We review every request and log changes.
- Amplified's own detections will be added in a separate, labelled section once our Robinhood Chain pipeline is live.
Cite this tracker
Amplified Research, "Robinhood Chain Rug Pull and Scam Tracker", amplified.trading/reports/robinhood-chain-rug-pulls, updated 28 September 2026.
Sources
- Onchain analyst links $18.4 million in Robinhood Chain memecoin extractions to single rug-pull operation, The Block (2026-09-27)
- $18.4M allegedly extracted across 53 Robinhood Chain token launches, CryptoPotato (2026-09-27)
- Wazz links Robinhood Chain rug pulls worth $18M, Crypto Briefing (2026-09-27)
- GoPlus exposes meme rug factory on Robinhood Chain, Phemex News (2026-09)
- Robinhood Chain project page (update log), L2BEAT (seen 2026-09-28)
- Robinhood Chain tokenized stocks investigation, Bitquery (2026-07-29)
- Bots front-ran FOMO app users on Robinhood Chain, Bitquery (2026-09-26)
- Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy, CoinDesk (2026-07-23)
- Uniswap v4 hooks on Robinhood Chain, Bitquery (2026-09-08)
- Token Contracts (canonical Stock Token addresses), Robinhood Chain docs (seen 2026-09-28)
- Robinhood communications post on the CEO account compromise, @RobinhoodComms on X (2026-07)