Source: Robinhood Chain block explorer
Notably, Robinhood recently noted its inclusion of memecoins into its ecosystem alongside real-world assets (RWAs).
Yesterday’s attack leveraged this announcement, alongside the memecoin frenzy and the platform’s low fees, to conduct the exploit. It also matched the July 12 hack of Starlink and SpaceX X accounts to promote another fraudulent memecoin that suffered a $2 million rug pull.
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