Wazz: Robinwood Chain Gang Issued 53 Coins in 2 Months, Stealing $18.43 Million
Chain analyst Wazz discovered the existence of a chain Rug Pull gang on the Robinhood chain, which embezzled $18.43 million through 53 token issuances within two months. These projects have a related flow of funds, with over 70% of the token supply occupied by snipers when the projects go online, and packaged through 70 to 200 wallets. Most projects are issued through Pons V2. Some projects use false issuance to attract funds, among which the CRUMBS project has the highest payment amount, reaching 3.12 million US dollars.