Robinhood confirmed that a number of of its social media accounts had been breached earlier right this moment in an announcement emailed to CryptoSlate on Jan. 25.
An organization consultant stated:
We’re conscious of the unauthorized posts from Robinhood Twitter, Instagram, and Fb profiles, which had been all eliminated inside minutes. Presently, primarily based on our ongoing investigation, we consider the supply of the incident was by way of a 3rd get together vendor.
The corporate didn’t state which vendor could have been accountable.
The unauthorized breach noticed Robinhood’s official account promote a Binance Good Chain-based token referred to as $RBH. Although that token exists on-chain, it has no official relationship with Robinhood and seems to exist solely to be used in right this moment’s rip-off.
Though $RBH has no worth itself, the tackle that seems to be liable for the rip-off holds roughly 25.3 BNB ($7,750). On condition that the account was created earlier right this moment, it’s possible that this quantity was earned completely by the Robinhood rip-off.
$RBH’s token contract signifies that simply 61 addresses maintain the fraudulent token.
Binance CEO Changpeng Zhao commented on the incident. He stated that Binance has locked an account linked to the rip-off and is investigating the matter.
Robinhood permits customers to commerce and use cryptocurrency — together with by its recently-launched self-custody pockets — however has not issued any crypto token of its personal.
