# Robinhood Chain's Growth Is Drawing Organized Memecoin Scam Operations

A security firm identified a second suspected rug factory behind hundreds of tokens on a network that L2Beat still classifies at its lowest decentralization stage.

- Published: 2026-09-29T05:41:12.286Z
- Canonical: https://polylog.news/crypto/2026-09-29/robinhood-chain-s-growth-is-drawing-organized-memecoin-scam
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/robinhood-chains-1-5-billion-boom-is-attracting-memecoin-rug-factories/)

The blockchain security firm GoPlus said on September 28 that it had identified a high-risk operation behind hundreds of memecoins on Robinhood Chain, routing proceeds through a coordinated set of addresses. It is the second suspected rug f…

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