Robinhood Account Compromise: $8.00K Reported Loss
The Robinhood Twitter account was hacked and used to promote a fraudulent crypto project.
- Reported loss
- $ 8,000
- Attack category
- Account Compromise
Incident Overview
The hackers announced the launch of a new token called $RBH, which they say will be priced at $0.0005 on Binance Smart Chain. About 25 people purchased the fraudulent tokens for a total of just under $8,000 before the link was removed. Robinhood said in a blog post that the unauthorized content posted on Robinhood Twitter, Instagram and Facebook was removed within minutes, and the team believes the source of the incident was a third-party vendor.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.