Hackers Promote Fraudulent Crypto Project on Robinhood’s Twitter Account: How Much Did They Get?

official twitter account of Robinhood Markets Inc. hood was compromised by hackers on Wednesday, who used it to promote Fraudulent cryptocurrency project,

hackers announced the launch New token called $RBH, claimed to be available for purchase at binance smart chain For the low price of $0.0005.

statistics Blockchain Explorer revealed that about 25 individuals had purchased the scam’s tokens before the link was removed.

Read also: It’s still early, but Goldman Sachs reveals bitcoin will outperform all other assets in 2023

The total amount spent on counterfeit tokens was less than $8,000. Following the hack, some Twitter users reported transactions being sent through Binance hot wallets to fake accounts.

Changpeng “CZ” Zhao, CEO of Binance acknowledged the hack and announced that the company’s security team had locked the account while it investigated the situation.

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