Robinhood Chain’s $1.5 billion boom is attracting memecoin rug factories

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A second suspected memecoin rug factory has surfaced on Robinhood Chain as the fast-growing network attracts increasingly coordinated scam activity. On Sept. 28, blockchain security firm GoPlus said it identified a high-risk operation behind hundreds of memecoins that routed more than $9 million through a common fund-consolidation network over the past 30 days. The operation […] The post Robinhood Chain’s $1.5 billion boom is attracting memecoin rug factories appeared first on CryptoSlate.