Hackers stole roughly $1.3 million from users after taking over Robinhood CEO Vlad Tenev's X account to promote a fake 'Vladhood' token.
Alpha Score of 51 reflects moderate overall profile with strong momentum, weak value, weak quality, moderate sentiment.
Robinhood CEO Vlad Tenev's X account was compromised Thursday to promote a fake memecoin, draining roughly $1.3 million from users before the posts were removed.
Robinhood Communications confirmed the incident in a post on X, saying the company worked with the platform to resolve the issue. On-chain data showed the attackers extracted 650 to 690 ETH, worth around $1.2 million to $1.3 million at the time.
The fraudulent posts promoted a token called "Vladhood," claiming it was tied to a Robinhood Chain launch and would be listed on the trading platform.
The account was recovered and the posts removed, Robinhood said. The attackers used Robinhood's name and chain strategy to give the token plausibility.
Robinhood is a public-company retail trading platform with mainstream users and growing crypto ambitions.
Even when a company acts quickly, a hacked post can generate millions of impressions in minutes. Wallets interact almost instantly. Funds move before the account is recovered.
The advice for users is straightforward. Check official company accounts. Navigate to the website directly by typing the URL yourself. Wait for multiple confirmations.
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