An unknown group or individual has hacked the Twitter account of Robinhood to push users to buy a new token.
Many Crypto Twitter users reported on Jan. 25 that Robinhood had posted a tweet calling on its 1.1 million followers to each pay $0.0005 for a token called RBH on the BNB Smart Chain. Conor Grogan, the head of product business operations at Coinbase, reported that at least 10 people had purchased roughly $1,000 worth of the scam token before the tweet was removed.
Likely due to the invocation of Binance, CEO Changpeng Zhao reported the company’s security team had locked the account linked in the tweet “pending further investigations”. At the time of publication, the tweet was no longer visible on Robinhood’s account.
Though the app facilitates the sale of many cryptocurrencies, Robinhood does not have a token directly tied to the platform as RBH falsely claimed. Investors can purchase exposure to the company through shares of HOOD listed on Nasdaq at roughly $9.71 at the time of publication.
