Robinhood’s Twitter Hacked, Used to Promote Scam Token

Robinhood is a platform well-known for its user-friendly approach to stocks, allowing them to make investments quickly in a variety of ways. It also enables them to buy crypto and is a household name among such investors.

However, Robinhood is primarily a stock trading platform and, as such, does not have a proprietary cryptocurrency. That didn’t stop bad actors from pretending they did.

Official Account Breached

Yesterday, an unknown bad actor managed to get in control of Robinhood’s official Twitter account and used it to publish a now-deleted tweet advertising $RBH, Robinhood’s purportedly newly minted token. The company does not have a native cryptocurrency and has never minted a token itself. Instead, investors can cast their lot in with the platform by buying the NASDAQ-listed stock HOOD.

Looks like Robinhood’s social media was hacked

They only got ~10 people to bite on the scam token before the link was taken down.

So far the token has only seen