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 change. An evaluation of the scenario on the blockchain exhibits that the token acquired fewer than $1,000 in purchases earlier than Robinhood eliminated the tweet.

Onchain Evaluation Reveals Restricted Impression 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 seen through an archive.org snapshot and the assorted screenshots being shared on Twitter.

The tweet learn: “Reminder, we’re launching our NEW TOKEN ($RBH) on the Binance Good Chain. Might be stay at 12 AM EST. You might 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 one is protected in 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. “Appears like Robinhood’s social media was hacked,” the onchain researcher famous on Twitter. “They solely received ~10 individuals to chew 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 amount spike and are on the lookout for a thrill.

The @Robinhoodapp Twitter account has not but tweeted in regards to the situation 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 growing and could also be up to date at a later time.

What do you assume must be accomplished to forestall such incidents of hacking and scamming on social media platforms? Share your ideas in the feedback under.

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