Robinhood confirmed that a number of of its social media accounts have been breached earlier in the present day in an announcement emailed to CryptoSlate on Jan. 25.
An organization consultant mentioned:
We’re conscious of the unauthorized posts from Robinhood Twitter, Instagram, and Fb profiles, which have been all eliminated inside minutes. Presently, based mostly on our ongoing investigation, we consider the supply of the incident was by way of a 3rd occasion 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 known as $RBH. Although that token exists on-chain, it has no official relationship with Robinhood and seems to exist solely to be used in in the present day’s rip-off.
Though $RBH has no worth itself, the deal with that seems to be answerable for the rip-off holds roughly 25.3 BNB ($7,750). Provided that the account was created earlier in the present day, it’s probably that this quantity was earned fully 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 mentioned 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.