Robinhood Chain Scam Tokens Surge Amid Exponential Token Creation Growth
2026-07-10 10:34

Woofun AI reports that Relay Protocol issued a warning regarding a surge of scam tokens on the newly launched Robinhood Chain. The security firm confirmed multiple user reports indicating that purchased tokens vanished from wallets immediately, becoming unsellable and untransferable. These honeypot tokens utilize smart contract code to restrict selling, effectively locking investor funds permanently. This increase in fraudulent assets aligns with recent growth in user activity and an exponential rise in token creation on the network.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
Relay Protocol
Robinhood Chain
Share:
back