GoPlus identified a high-risk fraudulent Meme factory on Robinhood Chain that generated more than $9 million in volume across hundreds of tokens during the past 30 days. Its consolidation address currently holds about 56 ETH, valued at $148,000, and processed roughly 3,589 ETH, or $9.49 million, in two-way volume across its latest 400 transactions. The operation exploits industry hot topics to create tokens, distributes them to numerous new externally owned accounts (wallets controlled directly by users), and executes segmented sales through PonsV2Helper and UniversalRouter. Proceeds are sent to the consolidation address to finance subsequent projects. On-chain researcher Wazz previously documented a separate group that cashed out $18.43 million through 53 token issuances on the same chain, but GoPlus said it has found no evidence connecting the two operations despite similar fraud patterns.