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Home Crypto Updates

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

by cryptostandard
January 25, 2023
in Crypto Updates
Reading Time: 5 mins read
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In response to 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 Good Chain token listed on the Pancakeswap decentralized alternate. An evaluation of the scenario on the blockchain exhibits that the token obtained fewer than $1,000 in purchases earlier than Robinhood eliminated the tweet.

Onchain Evaluation Reveals Restricted Influence 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 considered through an archive.org snapshot and the assorted screenshots being shared on Twitter.

The tweet learn: “Reminder, we’re launching our NEW TOKEN ($RBH) on the Binance Good Chain. Will likely be dwell at 12 AM EST. You might be among the many first to purchase at a beginning worth of $0.0005.” The tweet, which originated from the @Robinhoodapp account, additionally included a hyperlink to the Pancakeswap platform, the place the Binance Good Chain (BSC) token is listed.

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

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

Thus far the token has solely seen [less than] $1000 in purchases. I think about folks crowding in now noticed the quantity spike and are searching for a thrill.

The @Robinhoodapp Twitter account has not but tweeted concerning the concern 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
Evaluation, Binance Good Chain, Coinbase, feedback, Conor Grogan, Crypto, decentralized alternate, Worker, followers, gold checkmark, Hacking, passion, hobbyist, incident, LiNK, Onchain, Pancakeswap, forestall, eliminated, Robinhood, robinhood app, Robinhood Twitter, Rip-off, rip-off token, scamming, Safety, share, Social Media, ideas, Token, tweets, Twitter, Twitter Robinhood, verified account

What do you assume needs to be carried out to stop 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 functions. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information concerning the disruptive protocols rising at this time.




Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, instantly or not directly, for any injury or loss precipitated or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or companies talked about on this article.

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