An on-chain investigation by Wazz linked 53 meme-coin launches on Robinhood Chain to an alleged syndicate that extracted about $18.43 million from investors. The group allegedly exploited a 99% anti-sniping fee exemption on the Pons V2 launchpad, granting a cluster of wallets preferential status before using bundled transactions within one second of a token launch to acquire more than 80% of supply and quickly sell. Wazz had previously traced 45 launches through direct on-chain fund flows, four through shared private keys and four through common collector wallets. The group allegedly recycled proceeds from earlier rug pulls to finance purchases in subsequent launches. Most funds were held in ETH, which cannot be frozen, while some proceeds moved into DAI through cross-chain bridges. Two additional serial operations identified by Wazz were excluded from the 53-launch count and loss estimate.