Home Bitcoin News Bitcoin Scam Twitter Customers Spot Crypto Rip-off Tweet on Verified Robinhood Account, Firm Removes Put up – Bitcoin Information – Bitcoin Information

Twitter Customers Spot Crypto Rip-off Tweet on Verified Robinhood Account, Firm Removes Put up – Bitcoin Information – Bitcoin Information

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In keeping with 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 Sensible Chain token listed on the Pancakeswap decentralized alternate. An evaluation of the state of affairs on the blockchain exhibits that the token obtained 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 had 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 varied screenshots being shared on Twitter.

The tweet learn: “Reminder, we’re launching our NEW TOKEN ($RBH) on the Binance Sensible Chain. Can be reside at 12 AM EST. You could 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 Sensible Chain (BSC) token is listed.

The now-deleted tweet shared by the official Robinhood Twitter account on Wednesday.

“Oh my God,” one Twitter consumer wrote on Wednesday. “Robinhood’s Twitter account has been hacked. They’re posting hyperlinks for a crypto giveaway sh**. No one is protected on 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 to be like like Robinhood’s social media was hacked,” the onchain researcher famous on Twitter. “They solely bought ~10 individuals to chunk on the rip-off token earlier than the hyperlink was taken down.” Grogan added:

To date the token has solely seen [less than] $1000 in purchases. I think about individuals crowding in now noticed the amount spike and are in search of a thrill.

The @Robinhoodapp Twitter account has not but tweeted in regards to the challenge 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.

Tags on this story
Analysis, Binance Smart Chain, Coinbase, comments, Conor Grogan, Crypto, decentralized exchange, Employee, followers, gold checkmark, Hacking, hobby, hobbyist, incident, LiNK, Onchain, Pancakeswap, prevent, removed, Robinhood, robinhood app, Robinhood Twitter, Scam, scam token, scamming, Security, share, Social Media, thoughts, Token, tweets, Twitter, Twitter Robinhood, verified account

What do you assume needs to be achieved to forestall such incidents of hacking and scamming on social media platforms? Share your ideas within the feedback beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an energetic member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information in regards to the disruptive protocols rising at present.

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