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Robinhood's Twitter hacked, users tricked into buying fraudulent crypto project


www.theblock.co 25 January 2023 10:16, UTC
Reading time: ~2 m

Robinhood's Twitter account was hacked earlier on Wednesday and used to promote a fraudulent crypto project.

The hackers announced the launch of a new token called $RBH, which they said was available on the Binance Smart Chain for $0.0005.

According to data from Blockchain explorer, around 1o people purchased the scam token before the link was taken down. The total amount purchased was less than $1,000.

Crypto hacks accelerated rapidly in 2022, topping a total of $3 billion in total funds loss throughout the year, according to a report from Chainanalysis.

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