Twitter Users Spot Crypto Scam Tweet on Verified Robinhood Account, Company Removes Post

According to aggregate sources, the Twitter relationship of Robinhood was allegedly hacked connected Wednesday, Jan. 25, 2023. The relationship posted a tweet promoting a Binance Smart Chain token listed connected the Pancakeswap decentralized exchange. An investigation of the concern connected the blockchain shows that the token received less than $1,000 successful purchases earlier Robinhood removed the tweet.

Onchain Analysis Reveals Limited Impact of Scam Tweet Shared by Robinhood’s Twitter Account

On Wednesday day astir 12:30 p.m. Eastern Time, Twitter users were discussing however Robinhood’s verified Twitter account, @Robinhoodapp, which carries a golden checkmark, posted a scam tweet. Robinhood has since deleted the tweet, but it tin beryllium viewed via an archive.org snapshot and the assorted screenshots being shared connected Twitter.

The tweet read: “Reminder, we are launching our NEW TOKEN ($RBH) connected the Binance Smart Chain. Will beryllium unrecorded astatine 12 AM EST. You tin beryllium among the archetypal to bargain astatine a starting terms of $0.0005.” The tweet, which originated from the @Robinhoodapp account, besides included a nexus to the Pancakeswap platform, wherever the Binance Smart Chain (BSC) token is listed.

The now-deleted tweet shared by the authoritative Robinhood Twitter relationship connected Wednesday.

“Oh my God,” 1 Twitter idiosyncratic wrote connected Wednesday. “Robinhood’s Twitter relationship has been hacked. They are posting links for a crypto giveaway sh**. Nobody is harmless successful this world,” the idiosyncratic added. “Robinhood’s authoritative Twitter relationship appears to person been hacked,” different relationship remarked connected Twitter.

Conor Grogan, an worker astatine Coinbase who tweets astir onchain movements arsenic a hobby, besides tweeted astir the scam. “Looks similar Robinhood’s societal media was hacked,” the onchain researcher noted connected Twitter. “They lone got ~10 radical to wound connected the scam token earlier the nexus was taken down.” Grogan added:

So acold the token has lone seen [less than] $1000 successful purchases. I ideate radical crowding successful present saw the measurement spike and are looking for a thrill.

The @Robinhoodapp Twitter relationship has not yet tweeted astir the contented oregon confirmed whether oregon not the relationship was hacked. The relationship has a full of 1.1 cardinal followers connected the societal media platform. This communicative is processing and whitethorn beryllium updated astatine a aboriginal time.

What bash you deliberation should beryllium done to forestall specified incidents of hacking and scamming connected societal media platforms? Share your thoughts successful the comments below.

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