Robinhood’s Twitter account hacked to promote a scam token

Unknown individuals hacked the Robinhood online broker’s Twitter account to promote a fraudulent RBH token on the BNB Chain. The damage did not exceed $8,000, according to The Block.

The token could be purchased at $0.0005. According to GeckoTerminal, its market price soon jumped to $0.003821.

“We are aware of unauthorized posts from Robinhood profiles on Twitter, Instagram and Facebook, which were removed within minutes. We believe the source of the incident was a third-party vendor”, — Robinhood.

We’re aware of the unauthorized posts from Robinhood Twitter, Instagram, and Facebook profiles, which were all removed within minutes. At this time, based on our ongoing investigation, we believe the source of the incident was via a third party vendor.

— Robinhood (@RobinhoodApp) January 25, 2023

Users flagged Binance-linked transactions by the attackers.

The platform’s chief executive, Changpeng Zhao, said the account had been locked by security personnel for further investigation.

Our security team also noticed that and have locked the account pending further investigations.

— CZ 🔶 Binance (@cz_binance) January 25, 2023

In December, hackers hacked Kevin O’Leary’s Twitter account to run a Bitcoin giveaway scam.

Read ForkLog’s bitcoin news in our Telegram — cryptocurrency news, prices and analysis.