Robinhood Twitter Account Hacked: Scammers Promote $RBH Scam Token

Robinhood, the popular commission-free trading platform, had its social media platforms hijacked, with the hacker using them to post links to a scam token launched. Scammers hacked into Robinhood’s Twitter account to promote the launch of a fraudulent token called $RBH, which the hackers said was available on the Binance Smart Chain.

What Happened?

Yesterday, an unknown bad actor managed to get in control of Robinhood’s official Twitter account and used it to publish a now-deleted tweet advertising $RBH. Hackers broke through the social media accounts of Robinhood, a prominent US online trading platform, to peddle a fraudulent coin. The fake token is called RBH on the Binance Smart Chain. Attackers hacked into major US online trading platform Robinhood's social media accounts to promote a scam token.

Details of the $RBH Scam

A group of cybercriminals has hacked the Twitter account of the US-based stock brokerage Robinhood Markets Inc (NASDAQ: HOOD) to promote scam RBH tokens. Binance CEO Changpeng Zhao soon said that the Binance team was aware and monitoring the situation. The $RBH token is a scam designed to steal cryptocurrency from unsuspecting investors.

How to Protect Yourself from Crypto Scams

Always be wary of unsolicited cryptocurrency promotions, especially those promising high returns. Double-check the legitimacy of any token before investing, and never click on links from untrusted sources. Protect your accounts with strong, unique passwords and enable two-factor authentication where possible.

Stay Informed

The Robinhood Twitter account hack serves as a stark reminder of the risks associated with cryptocurrency investments and the importance of cybersecurity. Stay vigilant and protect yourself from potential scams.