Skip to main content

Twitter Users Spot Crypto Scam Tweet on Verified Robinhood Account, Company Removes Post

According to multiple sources, the Twitter account of Robinhood was allegedly hacked on Wednesday, Jan. 25, 2023. The account posted a tweet promoting a Binance Smart Chain token listed on the Pancakeswap decentralized exchange. An analysis of the situation on the blockchain shows that the token received fewer than $1,000 in purchases before Robinhood removed the tweet.

Onchain Analysis Reveals Limited Impact of Scam Tweet Shared by Robinhood’s Twitter Account

On Wednesday afternoon around 12:30 p.m. Eastern Time, Twitter users were discussing how Robinhood’s verified Twitter account, @Robinhoodapp, which carries a gold checkmark, posted a scam tweet. Robinhood has since deleted the tweet, but it can be viewed via an archive.org snapshot and the various screenshots being shared on Twitter.

The tweet read: “Reminder, we are launching our NEW TOKEN ($RBH) on the Binance Smart Chain. Will be live at 12 AM EST. You can be among the first to buy at a starting price of $0.0005.” The tweet, which originated from the @Robinhoodapp account, also included a link to the Pancakeswap platform, where the Binance Smart Chain (BSC) token is listed.

“Oh my God,” one Twitter user wrote on Wednesday. “Robinhood’s Twitter account has been hacked. They are posting links for a crypto giveaway sh**. Nobody is safe in this world,” the individual added. “Robinhood’s official Twitter account appears to have been hacked,” another account remarked on Twitter.

Conor Grogan, an employee at Coinbase who tweets about onchain movements as a hobby, also tweeted about the scam. “Looks like Robinhood’s social media was hacked,” the onchain researcher noted on Twitter. “They only got ~10 people to bite on the scam token before the link was taken down.” Grogan added:

So far the token has only seen [less than] $1000 in purchases. I imagine people crowding in now saw the volume spike and are looking for a thrill.

The @Robinhoodapp Twitter account has not yet tweeted about the issue or confirmed whether or not the account was hacked. The account has a total of 1.1 million followers on the social media platform. This story is developing and may be updated at a later time.

What do you think should be done to prevent such incidents of hacking and scamming on social media platforms? Share your thoughts in the comments below.



from Bitcoin News https://ift.tt/l8T5Jd4
Labels:

Comments

Post a Comment

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m
10 comments
Read more

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli
Post a Comment
Read more

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought
Post a Comment
Read more