Skip to content
Wazz@WazzCrypto · Sep 27, 2026

I just uncovered the biggest serial Rugpulling and Extraction operation on Robinhood The same operation is linked 53…

15 tweets2 min read♥ 3.3Koriginal

Summary

A researcher uncovered a massive coordinated rugpull and rug extraction operation on Robinhood involving 53 token launches over 2 months that extracted $18.43 million. The scammers used interconnected wallet networks, fake launches for hype, and chain-linked funding to systematically defraud investors, with most losses preventable through proper due diligence.

Summarized by ThreadOut AI from the full thread. May miss nuance — read the thread below.

  1. #1

    I just uncovered the biggest serial Rugpulling and Extraction operation on Robinhood The same operation is linked 53 launches within a 2 month period Total Extracted: $18.43 MILLION very likely more this is just what I could directly link 🧵

    Wazz@WazzCrypto · Sep 24, 2026

    This goes much deeper than you imagine, I have uncovered a huge coordinated scammer operation. This same crew is responsible for dozens of launches and dozens of Millions extracted from RH chain alone in the last couple months Mega investigation coming soon ⌛

  2. #2

    Here's just an excerpt of the launches linked to this operation sorted by amount of money extracted Curiously the launch that triggered this investigation ($DEED), doesn't even make it to the top 10 most money extracted here.

  3. #3

    What ties them together is money: the proceeds of one launch pay the key that funds the next, usually seconds before that key signs the next funding batch. Nearly every launch was sniped for 70%+ of supply, bundled with 70-200 wallets each, most were launched through Pons V2 This is a highly organized extraction operation. But also means most of these could be easily avoided if people did any amount of DD

  4. #4

    One very interesting thing I noticed: Sometimes they did FAKE launches of their real launches, so they hyped these tokens so much pre launch and "pre scammed" people with fake launches before announcing the real launch CA, maximizing the extracted value, some really devious work here There were 3 $PINK launches, 3 robinhood:0x80baa4b3bfac6f4978700df824b1b3d98e889136 launches, 3 $DEED launches, all linked to same operation

  5. #5

    Here are the top 3 launches investigations: robinhood:0x80baa4b3bfac6f4978700df824b1b3d98e889136 Total $3.12M extracted

  6. #6

    Here is the robinhood:0x80baa4b3bfac6f4978700df824b1b3d98e889136 bundle 92 wallet bundle detected

  7. #7

    $LEGS Total $2.9M Extracted

  8. #8

    Here's the $LEGS bundle 77 wallet bundle detected

  9. #9

    $PINK Total $1.44M extracted

  10. #10

    Here's the $PINK bundle 125 wallet bundle detected (can't fit them all under the screenshot)

  11. #11

    - 45 launches are linked by money: the hub of one launch pays the funding key of the next. - 4 launches (VAULTS, WAIFU, DEED's second launch, CRUMBS) are linked by keys: the same private key signed the funding batch for two different launches. - 4 launches (LEGS, PINK and its two CRUMBS relaunches) are linked by a shared collector: two launches paid their proceeds to the same wallet.

  12. #12

    Here's an example: robinhood:0xfe51aaf6af1ec2eb9286e0bdc3c9dc39240cb8f5 → $DEED, in three transactions: - DRAFT's 98 wallets swept 179.88 ETH into a hub. - The hub paid a hop, the hop paid 20 ETH to DEED's funding key. - 16 seconds later that key signed DEED's funding batch. 45 of the 53 launches are linked exactly like this.

  13. #13

    I have also identified at least 2 other serial deploying operations that I could not link directly to these launches. Those also extracted millions with dozens of launches, but this is the biggest ring identified by far

  14. #14

    Most of the money is sitting on $ETH so its not freezable, but I have tagged every single involved wallet in this operation on my onchain DB Follow me if you liked this investigation, and I can't wait to release my onchain intel / wallet label db to all of you I'm really confident I'm building something great here and I think you will all find it very useful

  15. #15

    You can also read this thread if you'd like to support my work further.

    Wazz@WazzCrypto · Sep 27, 2026

    Since some people asked, I've created 2 donation addresses (EVM + Solana) if you'd like to support my work EVM: 0xEb61941659786A6F16307EA1cA47c83168E66263 SOL: GWQR3WPsEEtmrR85ASr1iPYbph4wQo4gk6csppHwcsyx Been doing this purely for the love of the game,but I appreciate if u do