Robinhood Chain tokens drain from wallets at launch
The headline grabber is the $150M cat-coin launch on Robinhood's new layer-2; the structural question is what happens to retail when a regulated broker's brand wraps a permissionless chain.
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The headline grabber is the $150M cat-coin launch on Robinhood's new layer-2; the structural question is what happens to retail when a regulated broker's brand wraps a permissionless chain.
On-chain investigator zachxbt traced the haul through an immediate dump, a bridge to Ethereum, and a swap into 7,918 ETH, a textbook private-key compromise playbook.