The official Twitter account of commission-free investment platform Robinhood has suffered a possible hack, with bad actors using it to promote a fake

Caution: Robinhood’s Twitter account hacked to promote shady RBH token sale

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2023-01-25 19:30:10

The official Twitter account of commission-free investment platform Robinhood has suffered a possible hack, with bad actors using it to promote a fake crypto project.

The account shared a tweet on January 25 announcing the launch of a token dubbed RBH on the Binance Smart Chain (BSC), with an initial price of $0.005. A review of the token shows that details about the creator and tokenomics do not exist.

Indeed, the token’s promotional message dubbed it a revolution in decentralized finance (DeFi) and asked users to purchase RBH on the Pancakeswap decentralized exchange (DEX).

Interestingly, the announcement was made in at least two tweets that were later deleted. However, followers of the account were quick to notice the suspicious activity.

The scammy crypto project has also yet to be verified by digital asset data aggregators, who warned users to be cautious when dealing with the RBH token.

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