Based on a number of sources, the Twitter account of Robinhood was allegedly hacked on Wednesday, Jan. 25, 2023. The account posted a tweet selling a Binance Good Chain token listed on the Pancakeswap decentralized trade. An evaluation of the state of affairs on the blockchain exhibits that the token obtained fewer than $1,000 in purchases earlier than Robinhood eliminated the tweet.
Onchain Evaluation Reveals Restricted Influence of Rip-off Tweet Shared by Robinhood’s Twitter Account
On Wednesday afternoon round 12:30 p.m. Japanese Time, Twitter customers have been discussing how Robinhood’s verified Twitter account, @Robinhoodapp, which carries a gold checkmark, posted a rip-off tweet. Robinhood has since deleted the tweet, however it may be considered through an snapshot and the varied screenshots being shared on Twitter.
The tweet learn: “Reminder, we’re launching our NEW TOKEN ($RBH) on the Binance Good Chain. Will probably be reside at 12 AM EST. You will be among the many first to purchase at a beginning value of $0.0005.” The tweet, which originated from the @Robinhoodapp account, additionally included a hyperlink to the Pancakeswap platform, the place the Binance Good Chain (BSC) token is listed.
The now-deleted tweet shared by the official Robinhood Twitter account on Wednesday.
“Oh my God,” one Twitter person wrote on Wednesday. “Robinhood’s Twitter account has been hacked. They’re posting hyperlinks for a crypto giveaway sh**. No person is secure on this world,” the person added. “Robinhood’s official Twitter account seems to have been hacked,” one other account remarked on Twitter.
Conor Grogan, an worker at Coinbase who tweets about onchain actions as a pastime, additionally tweeted in regards to the rip-off. “Seems like Robinhood’s social media was hacked,” the onchain researcher famous on Twitter. “They solely bought ~10 individuals to chunk on the rip-off token earlier than the hyperlink was taken down.” Grogan added:
Up to now the token has solely seen [less than] $1000 in purchases. I think about individuals crowding in now noticed the quantity spike and are in search of a thrill.

The @Robinhoodapp Twitter account has not but tweeted in regards to the challenge or confirmed whether or not or not the account was hacked. The account has a complete of 1.1 million followers on the social media platform. This story is creating and could also be up to date at a later time.

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Jamie Redman

Jamie Redman is the Information Lead at Information and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 6,000 articles for Information in regards to the disruptive protocols rising right now.

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