Robinhood confirms Twitter hack that promoted fraudulent crypto token

1 year ago

Robinhood confirmed that respective of its societal media accounts were breached earlier contiguous successful a connection emailed to CryptoSlate connected Jan. 25.

A institution typical said:

We’re alert of the unauthorized posts from Robinhood Twitter, Instagram, and Facebook profiles, which were each removed wrong minutes. At this time, based connected our ongoing investigation, we judge the root of the incidental was via a 3rd enactment vendor.

The institution did not authorities which vendor whitethorn person been responsible.

The unauthorized breach saw Robinhood’s authoritative relationship beforehand a Binance Smart Chain-based token called $RBH. Though that token exists on-chain, it has nary authoritative narration with Robinhood and appears to beryllium solely for usage successful today’s scam.

Although $RBH has nary worth itself, the address that appears to beryllium liable for the scam holds astir 25.3 BNB ($7,750). Given that the relationship was created earlier today, it is apt that this magnitude was earned wholly done the Robinhood scam.

$RBH’s token contract indicates that conscionable 61 addresses clasp the fraudulent token.

Binance CEO Changpeng Zhao commented connected the incident. He said that Binance has locked an relationship connected to the scam and is investigating the matter.

Robinhood allows users to commercialized and usage cryptocurrency — including done its recently-launched self-custody wallet — but has not issued immoderate crypto token of its own.

The station Robinhood confirms Twitter hack that promoted fraudulent crypto token appeared archetypal connected CryptoSlate.

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