Vlad.enjoyable, the Robinhood Chain’s meme coin launchpad, has ceased operations after discovering what it described as a “critical inner integrity situation” involving a member of its group.
The venture introduced Wednesday that it had taken its platform offline whereas it investigated the incident and consulted with attorneys about potential motion in opposition to these accountable. Vlad.enjoyable has not disclosed the small print of the alleged misconduct.
Hours earlier than saying the closure, Vlad.enjoyable warned customers that tokens bearing the platform’s identify circulating on its leaderboards weren’t official, and reminded merchants that anybody may create tokens on the launchpad with out permission. The venture doesn’t point out whether or not the 2 incidents are associated.
Robinhood launched Robinhood Chain on July 1st as an Arbitrum-based Ethereum Layer 2 centered on tokenized shares, real-world property, and on-chain monetary providers. Inside days, meme cash turned the community’s major use case, in response to Galaxy Digital.
