According to crypto.news reporting, Vlad.fun, a memecoin launchpad built on Robinhood Chain, went offline on July 15 after discovering what it called a "serious internal integrity issue" involving members of its own team. The project posted on X that it paused operations to conduct a full investigation and consult legal counsel on possible action.
Robinhood Chain launched on July 1 as an Ethereum Layer 2 network built with Arbitrum technology. In its first week, the chain processed roughly $570 million in volume, though memecoin trading dominated over the intended real-world asset and decentralized finance applications. Vlad.fun is the second launchpad on the network to go offline within days of the chain's debut. The project has not disclosed which team members are involved or whether user funds or platform access were affected.