Robinhood’s Twitter, Instagram, and Facebook social media accounts were hacked to promote the fake $RBH token previously launched on Binance Smart Chain.
The hacker used unauthorized access to Robinhood accounts to promote the $RBH token offer to over a million subscribers. Robinhood confirmed the incident, adding that posts on all of its social media accounts were promptly deleted.
“We are aware of unauthorized posts on Robinhood’s Twitter, Instagram and Facebook profiles. They were removed some time after posting. Based on our ongoing investigation, we believe that a third-party scammer was the source of the incident.” reported on the official Robinhood page.
Analytics published by a popular Internet sleuth ZackXBT at the address associated with the $RBH token shows that the scammers were able to get hold of 27 BNB tokens worth about $8,200. ZackXBT noted that the wallet was listed on the Binance exchange.
In a response message, Binance Security notified community about blocking a compromised account and readiness to investigate the fact of fraud.
Earlier, Robinhood announced the end of support for Bitcoin SV from January 25th. This decision was made after the next evaluation of the crypto assets offered to users on the online platform.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.