Twitter Users Spot Crypto Scam Tweet on Verified Robinhood Account, Company Removes Post

According to multiple sources, the Twitter account of Robinhood was allegedly hacked on Wednesday, Jan. 25, 2023. The account posted a tweet promoting a Binance Smart Chain token listed on the Pancakeswap decentralized exchange. An analysis of the situation on the blockchain shows that the token received fewer than $1,000 in purchases before Robinhood removed the tweet. Onchain Analysis Reveals Limited Impact of Scam Tweet Shared by Robinhood’s Twitter Account On Wednesday afternoon around 12:30 p.m. Eastern Time, Twitter users were discussing how Robinhood’s verified Twitter account, @Robinhoodapp, which carries a gold checkmark, posted a scam tweet. Robinhood has since