Vlad.fun, a memecoin launchpad built on Robinhood Chain, pulled the plug on its own operations after uncovering what it called a “serious internal integrity issue” involving members of its team. The platform went dark on or around July 16, 2026, barely five days after Robinhood Chain itself launched publicly on July 11.

The company hasn’t disclosed what exactly happened, who was involved, or when it expects to resume service.

Five days from launch to suspension

Robinhood Chain debuted on July 11 as a layer-2 blockchain originally pitched around tokenized real-world assets. But the ecosystem quickly attracted a different crowd: the memecoin community.

Vlad.fun emerged as one of the early launchpads on the network, letting users create and trade memecoins. The platform’s name is a nod to Robinhood CEO Vlad Tenev, who has publicly discussed the chain’s memecoin-friendly capabilities.