Onchain Analyst Ties $18.4M in Robinhood Chain Memecoin Extractions to One Rug-Pull

This matters less as a single theft than as a pattern: the exploit targeted Pons' own anti-sniping tax, meaning the safeguard itself was the attack surface rather than an external contract flaw. Launchpad-level mechanics now carry systemic weight, since one operator can apparently replicate the same extraction across many tokens. Whether the affected wallets can be traced or frozen, and whether Pons adjusts its exemption logic, is the open question.