Skip to main content
727 Finance
English

GoPlus: Robinhood Chain explodes the Meme RUG factory again, with sales exceeding US$9 million

PANews reported on September 28 that according to GoPlus monitoring, another high-risk fraudulent Meme factory was discovered on Robinhood Chain, with more than $9 million in sales in the past 30 days, involving hundreds of fraudulent Meme. As of September 28, the balance of the relevant asset collection address is approximately 560,635 ETH, or approximately US$148,000; the address has a total of approximately 1,385 transactions, with the latest 400 transactions earning approximately 1,728.02 ETH, transferring approximately 1,861.12 ETH, and two-way flow of approximately 3,589.14 ETH, approximately US$9.49 million.

PANews September 28 news, according to GoPlus monitoring, another high-risk fraudulent Meme factory was discovered on Robinhood Chain, with over $9 million in volume over the past 30 days, involving hundreds of fraudulent Memes. As of September 28, the balance of the related asset aggregation address was approximately 56.0635 ETH, worth about $148,000; the address had a total of about 1,385 transactions, and in the latest 400 transactions, it received about 1,728.02 ETH and sent out about 1,861.12 ETH, with two-way volume of about 3,589.14 ETH, worth about $9.49 million. Its fraud pattern includes creating Tokens based on industry hot topics, distributing Tokens to a large number of new EOAs with only 4 to 11 transactions, selling in tranches through PonsV2Helper and UniversalRouter, emptying ETH to the aggregation address, and funding the next round of projects.

Previously, on-chain researcher Wazz disclosed that a group on Robinhood Chain cashed out $18.43 million through 53 token launches. GoPlus pointed out that the fraud patterns of the two cases are similar, but at this stage there is no evidence that they are the same group.

Related news

  1. Musk: The operating cost of Grok Bot is unsustainably high relative to its revenue.

    PANews, November 2 news: In response to a user's question on the X platform about the rapid depletion of Grok Bot usage quotas, Musk stated that the operating c...

  2. China Merchants Bank and several other institutions have launched wallet transaction statement printing services within the digital renminbi App.

  3. The founder of POAP may have subscribed to 100,000 ETH during the 2015 ICO.

  4. UBTECH releases Thinker-Sim embodied intelligence simulation platform.

  5. The application period for virtual asset service provider licenses in Brazil has ended, with only about 40 companies submitting applications.