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Wazz traces 53 Robinhood Chain token launches to $18M rug-pull syndicate

What happened

An on-chain investigation reveals a coordinated operation that cycled profits from one token launch into the next, extracting at least $18.43 million since the chain went live in July 2026. Sun 27 Sep 2026 · 13:22 EDT · 3 min read In Finance One analyst just connected the dots.

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